Get Section 2 Repayment Plan Or Recertification Request - Ifap Ed

Completing the SECTION 2 REPAYMENT PLAN OR RECERTIFICATION REQUEST - Ifap Ed form is essential for eligible borrowers seeking to manage their loan repayment plans effectively. This guide provides straightforward, step-by-step instructions to ensure that users can fill out this online form accurately and efficiently.

Follow the steps to complete your repayment plan or recertification request.

1. Click ‘Get Form’ button to access the repayment plan or recertification request form and open it in your preferred editor.
2. Begin by selecting the appropriate reason for completing the request in Section 2. You can choose from three options: a) requesting a new repayment plan based on your income, b) submitting annual documentation for recalculating your monthly payment, or c) requesting a recalculation due to changes in circumstances. Ensure to check the relevant boxes.
3. If you selected option a, specify which income-driven repayment plans you are requesting (IBR, Pay As You Earn, ICR) by checking the corresponding boxes.
4. Review the eligibility criteria for each repayment plan you selected and verify that your loans qualify under those plans, as described in Section 9 of the form.
5. If applicable, complete Section 3 for spousal information, if you are filing jointly or if your spouse has eligible loans.
6. Move to Section 4 to enter your family size and confirm whether you filed a federal income tax return in the last two tax years.
7. If your current income differs from what you reported on your tax return, proceed to Section 5 for alternative documentation of your income.
8. Fill in Section 6, authorizing your loan holder to process your repayment plan request and ensuring that all provided information is true and complete.
9. Once all sections are completed, review the entire form for accuracy. After verifying, either save changes, download, print, or share the completed form as needed.

Take action now to complete your repayment plan or recertification request online.