What To Expect
The IBR Application Process must be completed in a single session which takes approximately 30 minutes to complete.
Income-Based Repayment (IBR) is one of several repayment plan options for borrowers of student loans made under the William D. Ford Federal Direct Loan (Direct Loan) Program or the Federal Family Education Loan (FFEL) Program. If you qualify for IBR, your required monthly payment will be an amount that is intended to be affordable based on your income and family size, and will be less than what you would have to pay under a 10-year Standard Repayment Plan.
In this process, you will complete the following steps:
- Enter the reference number provided by your spouse.
- Enter your spouse's Social Security Number (SSN).
- Enter your personal information.
- Electronically sign and submit the completed IBR application.
