You can manage your student loan debt. We can help.

The average graduate has $28,100 in student loan debt that will cost $39,242 between now and 2032. Click through the repayment options to see how they will affect your monthly payment and total loan cost. Remember you can: (1) Upload your actual data from NSLDS or manually enter your actual loan amounts, (2) view all eligible repayment options (3) apply for changes to your repayment options with your servicer and (4) sign up for our rewards program, SmarterBucks, to earn rewards that are contributed as extra payments toward your student loan debt.

Income-Based Repayment Eligibility

  1. Choose repayment calculation:
    15% of earnings with up to 25-year repayment period 10% of earnings with up to 20-year repayment period
  2. Are you married?
    Being married improves your eligibility.
  3. Did you file a joint tax return?
    If you did, we'll ask for your family's combined income.
  4. Does your spouse have eligible federal student loans?
    If they do, they count towards your eligibility.

  5. Amount your spouse currently owes on eligible loans
    Amount your spouse owed when they entered repayment

  1. Adjusted gross income from your taxes, including your spouse's income

  2. Large families are more likely to be eligible.
  3. Where do you live?

    Because of high living expenses, living in AK or HI increases your eligibility.

  • Federal loans
  • Private loans
  • Perkins loan
Summary Monthly payment Payment difference Pay-off year Total cost Cost difference
Standard repayment $322 2032 $39,242
Consolidate your federal loans $218 $103 less 2037 $51,711 $12,469 more
Graduated repayment $225 $96 less 2032 $41,408 $2,166 more
Extended repayment Extended repayment is only available for borrowers with more than $30,000 in federal loans.
Income-based repayment Income-based repayment is different for everyone: Get your estimate
Postponed repayment See if you're eligible: Get started
Make an extra payment ($20/month)SmarterBucks® can help you make extra payments. Learn more. $342 $20 more 2027 $38,559 $683 less


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