Get Income--driven Repayment Plan Request. This Form Is Used To Request An Income-driven Repayment Plan

This guide aims to support users in successfully completing the Income-Driven Repayment Plan Request form. By following these clear steps, you can navigate through the form with confidence and ease.

Follow the steps to complete the Income-Driven Repayment Plan Request form.

1. Press the ‘Get Form’ button to obtain the form and open it in an accessible editor.
2. In Section 1, fill in your borrower identification details. Make sure to provide accurate information including your Social Security Number, name, address, telephone numbers, and optional email. If any of your information has changed, check the provided box.
3. In Section 2, indicate the purpose of your request by selecting a single reason from the options provided. Then, choose the repayment plan you prefer. If you wish to request the plan that offers the lowest monthly payment, select that option.
4. Also in Section 2, confirm if you have multiple loan holders or servicers. Based on your response, follow the instructions accordingly for the next steps.
5. Proceed to Section 3 and address family size details. Provide the number of children and additional people living with you who receive more than half of their support from you.
6. In Section 4A, if you are a single borrower, provide your income information and indicate if you have filed a federal income tax return in the past two years. You may need to submit documentation if your income has significantly changed.
7. For married borrowers, move to Section 4B where you’ll need to address your spouse’s income as well. Fill in the required information and respond whether your spouse has federal student loans.
8. In Section 5, provide the necessary documentation of your current income, adhering to the specified instructions. Ensure that the supporting documents reflect your taxable income accurately.
9. In Section 6, read through and acknowledge the borrower's requests, understandings, authorizations, and certifications. Your signature, as well as your spouse's if applicable, is essential in this section.
10. Finally, verify that all sections are completed accurately. Save changes, and you can choose to download, print, or share the completed form according to your needs.

Complete your Income-Driven Repayment Plan Request form online today to take advantage of manageable repayment options.