a2117828_rograms___Kettering_University__Monthly_Payment_and_Time_Frame
[Repayment Plan] Income-Contingent Repayment Plan [Eligible Loans] Direct Subsidized and Unsubsidized Loans Direct PLUS Loans made to students Direct Consolidation Loans [Quick Comparison] Your monthly payments will be lower than the standard repayment plan. You'll pay more for your loan over time than under the 10-year standard plan. If you do not repay your loan after 25 years under this plan, the unpaid portion will be forgiven. You may have to pay income tax on the amount that is forgiven.
Payments are calculated each year and are based on your annual income*, family size, and the total amount of your Direct Loans for up to 25 years. *If you are married, your spouse's income is included.
Federal Education Loan Programs | Kettering University
Monthly Payment and Time Frame