The Income Driven Repayment Plan Request Form is used by borrowers to apply for an income-driven repayment plan for their federal student loans. These repayment plans are designed to make monthly loan payments more affordable based on the borrower's income and family size. By submitting this form, borrowers can request a repayment plan that better aligns with their current financial situation.
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This form was released by the U.S. Department of Education and is a legal document needed if you want to lower the monthly payment amount for your student loans.