#student loan calculator
Find Out If You Qualify for Income-Based Repayment
Determine if you may be eligible for IBR.
1 For the purpose of IBR, your family size includes your children (including unborn children who will be born during the year for which you apply for IBR) if you provide more than half of the children’s support. Your family size can also include other individuals if, at the time you apply for IBR, those individuals:
- Live with you; and
- Receive more than half of their support from you and will continue to receive this support during the year for which you apply for IBR.
Support includes money, gifts, loans, housing, food, clothes, car, medical and dental care, and payment of college costs.
2 If you did not file a federal income tax return last year, or if your income has changed significantly since filing the return, please enter the amount you earned last year. You may be required to provide alternative income documentation to your lender for their determination of your eligibility for IBR.
This calculator is provided for estimation of IBR eligibility purposes only. Specific details about eligibility and payments will be determined by your lender or servicer during the IBR application process.
Graduated Repayment Plan Calculator