Are my loans eligible for IBR?
IBR is only available if you have federal loans like Federal Direct and Federally Guaranteed (FFEL) loans, such as Subsidized and Unsubsidized Stafford Loans, Grad PLUS Loans and Federal Consolidation loans.
Parent PLUS Loans and loans that have been consolidated that repay Parent PLUS Loans are not eligible for Income-Based Repayment plans. Private student loans and state loans are not eligible
Many student loan holders have a mix of student loans and you can learn more about whether IBR is right for you and whether your loans qualify by contacting student loan attorney Nancy Cavey, at 727-828-9955. Don’t delay!
We understand IBR or Income Based Repayment plans that may be able to help your situation.