About
Learn how federal student loan repayment works and how to compare the plans available for your loan type and disbursement dates. Explore fixed-payment and income-driven options, including RAP, and understand why SAVE is no longer available. Review the requirements for Public Service Loan Forgiveness, teacher forgiveness, and income-driven discharge. Use official resources to compare monthly payments, total cost, repayment periods, and possible forgiveness before choosing a plan. Time-sensitive information verified October 10, 2026; check Federal Student Aid and your loan servicer for current rules. You are learning about a possible future college cost, not being asked to take out a loan. Use made-up amounts for practice. Before any real borrowing decision, review the costs with a parent, guardian or trusted adult and ask the college financial aid office for guidance.