Apply for Income-Driven Repayment Plan πŸ“„

Learn how to apply for an income-driven repayment plan using the paper application to reduce your student loan payments based on income and family size.

Apply for Income-Driven Repayment Plan πŸ“„
Student Loan Planner
6.4K views β€’ Mar 11, 2025
Apply for Income-Driven Repayment Plan πŸ“„

About this video

An income-driven repayment (IDR) plan bases your monthly student loan payment amount on your income and family size. For some people, payments on an IDR plan can be as low as $0 per month. Watch this video to learn how to apply for the IDR plan.

Step by step guide here: https://www.studentloanplanner.com/how-to-complete-paper-idr-application/

Key moments:
00:00 Introduction
00:20 Section 1: Borrower information
00:40 Section 2: Repayment plan or recertification request
03:00 Section 3: Family size information
03:29 Section 4A: Marital status information
04:37 Section 4B: Income information for single borrowers and married filing separately
05:29 Section 4C: Income information for married filing jointly
06:02 Section 5: Authorization to retrieve federal tax information
07:10 Section 6: Borrower requests, understandings and authorization
08:10 Section 7: Where to submit

πŸ“© Get the brand new 2025 IDR calculator that minimizes your student loan payments so you can use the money on better stuff: https://www.studentloanplanner.com/student-loan-calculator/

➑️ Book a student loan consult: https://www.studentloanplanner.com/youtube-discounts/

#IncomeDrivenRepayment #StudentLoans #StudentLoanPayment #StudentLoanForgiveness #StudentLoanPlanner

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Video Information

Views

6.4K

Likes

101

Duration

8:37

Published

Mar 11, 2025

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