How do I know if I can use REPAYE?
Revised Pay as You Earn (REPAYE) qualifications are Loan-type specific*
- Only DIRECT loans qualify for payment under REPAYE
Did you receive any loans prior to July 1, 2010?
- Yes - You might have FFEL program loans
- Do not have DIRECT in the name
- FFEL, Subsidized, Unsubsidized without DIRECT in the name
- No - Congratulations! Your Direct loans qualify for most IDR plans
|
- FFEL, HPSL, LDS, and Perkins loans can be consolidated into a DIRECT Consolidation loan and paid under REPAYE
- FFEL = Federal Family Education Loans
- HPSL = Health Professions Student Loans
- LDS = Loans for Disadvantaged Students
* Upload your federal student aid data file into the VIN Foundation My Student Loans tool to determine your REPAYE eligibility.