Revised Pay As You Earn Student Loan Forgiveness (REPAYE)

Trouble making student loan payments? Get on the Revised Pay As You Earn program to make your monthly payments more affordable.

Am I eligible?

Any borrower with eligible federal student loans can make payments under this plan. The Revised Pay As You Earn program caps your maximum monthly payment at 10 percent of your discretionary income.

If you repay your undergraduate student loans for 20 years, then any remaining balance will be forgiven. Borrowers with graduate student loans must make payments for 25 years before qualifying for forgiveness.

How much am I eligible for?

Revised Pay As You Earn caps your student loan payments at 10 percent of your discretionary income.

Which loans qualify?

  • Direct Subsidized Loans
  • Direct Unsubsidized Loans
  • Direct Plus Loans made to graduate or professional students
  • Subsidized or unsubsidized Stafford loans, if consolidated
  • FFEL Plus loans, if consolidated
  • Perkins loans, if consolidated

How do I apply?

Learn more about the Revised Pay As You Earn Repayment program here. To apply, sign in to studentloans.gov, and complete a REPAYE request form.


Questions? Contact Us!
or Go Back to Student Loan Repayment Plans