Repayment Plan

Graduated Repayment Plan

The Graduated Repayment Plan starts with lower payments that increase every two years.

Ideal for individuals that have low income now but expect to have higher income in the future.

Monthly Payments

Under this plan, your monthly payments are:

  • Start out low and increase every two years
  • Are made for up to 10 years
  • Will never be less than the amount of interest that accrues between your payments, and
  • Won’t be more than three times greater than any other payment