Repayment Plan

Income Sensitive Repayment Plan (ISR)

Income-Sensitive Repayment Plan (ISR) assists low-income borrowers who have Federal Family Education Loan (FFEL) Program Loans. The plan is designed to reduce monthly payments based on income in order to make them more affordable.

Eligible FFEL Program Loans

  • Subsidized Federal Stafford Loans (FFEL Program)
  • Unsubsidized Federal Stafford Loans (FFEL Program)
  • FFEL PLUS Loans
  • FFEL Consolidation Loans

Loans that are NOT Eligible

  • Direct Loans
  • Private education loans

How ISR works:

The ISR Plan structures loan payments based on the borrower’s annual income. The payments will increase or decrease based on changes to income reported annually. ISR payments are structured for a term of 10 years. To obtain more information about ISR Repayment Plan, borrowers should contact:

  • Loan Servicer- for FFEL Program loans owned by the U.S. Department of Education
  • Lender- for FFEL Program loans not owned by the U.S. Department of Education