a2117828_rograms___Kettering_University__Monthly_Payment_and_Time_Frame
[Repayment Plan] Income-Based Repayment Plan (IBR) [Eligible Loans] Direct Subsidized and Unsubsidized Loans all PLUS loans made to students Consolidation Loans (Direct or FFEL) that do not include consolidated PLUS loans made to parents [Quick Comparison] You must have a partial financial hardship. Your monthly payments will be lower than payments under the standard plan. You'll pay more for your loan over time than you would under the 10-year standard plan. If you have not repaid your loan in full after making the equivalent of 25 years of qualifying monthly payments and 25 years have passed, any outstanding balance on your loan may be canceled.
Your maximum monthly payments will be 15 percent of discretionary income, the difference between your Adjusted Gross Income and 150% of the poverty guideline for your family size and state of residence (conditions apply). Up to 25 years.
Federal Education Loan Programs | Kettering University
Monthly Payment and Time Frame