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  • Income Sensitive Repayment Plan Form - Aspire Resources Inc.

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A U.S. Department of Education Servicer Income Sensitive Repayment Plan Form Federal Family Education Loan Program Stafford/SLS/PLUS/Consolidation Loans Directions: To apply for an Income Sensitive.

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What is the Public Service Loan Forgiveness Program? The Public Service Loan Forgiveness (PSLF) program forgives the remaining balance on your federal student loans after 120 payments working full time for federal, state, Tribal, or local government; the military; or a qualifying non-profit.

Any private loan you have serviced by Aspire Servicing Center will not be eligible for any federal forgiveness programs and you need to continue making your payments.

At that time, federally-held Aspire student loans were transferred to MOHELA. Now Aspire services loans that are not federally held.

The Income-Sensitive Repayment Plan is available to low-income borrowers who have Federal Family Education Loan (FFEL) Program loans. The payments under this plan increase or decrease based on your annual income. If you need to make lower payments on your FFEL Program loans, this plan may be for you.

Who qualifies for student loan forgiveness? To be eligible for forgiveness, you must have federal student loans and earn less than $125,000 annually (or $250,000 per household). Borrowers who meet that criteria can get up to $10,000 in debt cancellation.

What student loans are not eligible for forgiveness? Private student loans, by definition, are private and are not eligible to be forgiven. These are loans the borrower owes to student loan providers and not the federal government. Mr.

Borrowers earning less than about $32,800 individually, or less than $67,500 for a family of four, would see $0 monthly bills. Most other borrowers would see their payments cut by at least half.

Based in West Des Moines, Iowa, Aspire Resources Inc. was founded in 2001 as a for-profit subsidiary of Iowa Student Loan, a private nonprofit corporation governed by a board of directors appointed by the governor of Iowa.

Under IBR, the government pays the remaining unpaid accrued interest on the subsidized loans for up to three consecutive years. Under ICR, the borrower is responsible for paying all of the interest that accrues on his or her loans.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232