<prompt> Human: Hi, I am currently on an IBR plan with several federal loans that range from 3.15 to 6.55 interest. Ive also been approved for a Loan Forgiveness Program NYS GOYF where the monthly IBR payments are covered for 24 months provided I recert annually. Now, I also have a private loan that is at 9. Ive been approved recently with SoFi to refinance the private loan and two federal loans that are both at 6.55 together for a rate of 5.5 with autopay. If I go thru with the refinancing, will I lose IBR status altogether once they pay off the two federal loans? Ideally and my understanding is that my IBR status remains and the monthly payments would redirect to the rest of federal loans after the two are paid off.Can anyone who is knowledgeable about this speak to it? Appreciate it!  <response>: The loans that you refinance out of the Federal program will lose IBR and forgiveness options.Loans that you leave alone and stay Federal will still retain all of that.I wouldnt bother refinancing a 6.55 loan to 5.5 personally. The IBR safety net is worth 1 to me.But by all means, refi that 9 private loan. You lose nothing by doing it. 