studentaid.gov
Open in
urlscan Pro
2a02:26f0:1700:1ad::17d0
Public Scan
Submitted URL: http://links.studentconnections.education/ls/click?upn=lMr1jVMKlFkoqdNJw96Dlnin4b8hert-2B-2FqfNUd9BQJRc8OIPLvexYzQgVzmlJThR-2F3JXjUJzSLoJU...
Effective URL: https://studentaid.gov/manage-loans/lower-payments
Submission: On February 15 via api from US — Scanned from DE
Effective URL: https://studentaid.gov/manage-loans/lower-payments
Submission: On February 15 via api from US — Scanned from DE
Form analysis
2 forms found in the DOM<form id="user-chat-input-submit" class="user-input-form">
<div class="user-input-div" id="user_input_div" style="height: 74px;">
<div class="info-button-div" id="info_button_div" style="height: 70px;">
<div class="div-info"><button type="button" class="more-info" title="Open more info page" id="fsa_Link_OpenInfo" style="height: 70px;"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 22 22">
<g id="info">
<path
d="M22,10.91a11,11,0,1,1-11-11A11,11,0,0,1,22,10.91Zm-2.13,0A8.87,8.87,0,1,0,11,19.78,8.86,8.86,0,0,0,19.87,10.91ZM13,16.58H9.05a.52.52,0,0,1-.53-.53V15a.52.52,0,0,1,.53-.53h.53V11.62H9.05a.53.53,0,0,1-.53-.54V10a.53.53,0,0,1,.53-.53h2.84a.53.53,0,0,1,.53.53v4.44H13a.52.52,0,0,1,.53.53v1.06A.52.52,0,0,1,13,16.58Zm-.09-9.93A1.86,1.86,0,1,1,11,4.79,1.86,1.86,0,0,1,12.86,6.65Z">
</path>
</g>
</svg></button></div>
</div>
<div class="user-input-inner-div" id="user_input_inner_div" style="height: 70px;"><span class="placeholder" id="fsa_InputText"></span>
<div><auto-complete-input class="hydrated">
<div class="autoCompleteContainer" id="autoCompleteContainer" aria-label="Autocomplete options are present.">
<ul class="autoComplete-ul" aria-label="Combo box auto complete elements" id="suggested-reponses" role="listbox" hidden=""></ul>
<div><textarea aria-label="User chat input, 140 character limit" id="fsa_Input_UserChatInput" placeholder="Type a Message" rows="1" class="user-input" maxlength="140" aria-activedescendant="" role="combobox" aria-expanded="true"
style="overflow-y: hidden; height: 32px;"></textarea><label class="counter">0/140</label></div>
</div>
</auto-complete-input></div><button id="fsa_Button_audioRecord" type="button" class="btnRecordAudio"><svg class="defaultSvg" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 28 28">
<g>
<circle cx="14" cy="14" r="14" fill-rule="evenodd" clip-rule="evenodd" fill="#eff0f1"></circle>
<path
d="M19.1 11c.2 0 .3.1.4.2s.2.2.2.4v1.7c0 1-.2 2-.7 2.9s-1.1 1.6-1.9 2.2-1.7.9-2.7 1.1v1.2h2c.2 0 .3.1.4.2s.2.2.2.4v.6c0 .2-.1.3-.2.4s-.2.2-.4.2h-5.6c-.2 0-.3-.1-.4-.2s-.2-.2-.2-.4v-.6c0-.2.1-.3.2-.4s.2-.2.4-.2h2v-1.2c-1-.1-1.9-.5-2.7-1.1S8.5 16.9 8 15.9 7.3 14 7.3 13v-1.4c0-.2.1-.3.2-.4s.2-.2.4-.2h.6c.2 0 .3.1.4.2s.2.2.2.4V13c0 .8.2 1.5.5 2.2s.8 1.3 1.5 1.7 1.3.7 2.1.8c.9.1 1.7-.1 2.5-.4.8-.3 1.4-.9 1.8-1.7s.7-1.5.7-2.4v-1.7c0-.2.1-.3.2-.4s.2-.2.4-.2h.3v.1zm-5.6 5.6c-.9 0-1.7-.3-2.4-1s-1-1.5-1-2.4V7.6c0-.9.3-1.7 1-2.4s1.5-1 2.4-1 1.7.3 2.4 1 1 1.5 1 2.4v5.6c0 .9-.3 1.7-1 2.4s-1.5 1-2.4 1z"
fill="#227aa7"></path>
</g>
</svg></button>
</div>
<div class="divRecordingAudio hide">
<div class="divAudioBars"><svg viewBox="0 0 30 17" xmlns="http://www.w3.org/2000/svg">
<path d="M0.5,15 L0.5,0" id="Line-3" stroke="#355065" stroke-width="3"></path>
<path d="M7.5,12 L7.5,4" id="Line-3" stroke="#227AA7" stroke-width="2"></path>
<path d="M20.5,12 L20.5,4" id="Line-3" stroke="#227AA7" stroke-width="2"></path>
<path d="M14.5,15 L14.5,0" id="Line-3" stroke="#355065" stroke-width="2"></path>
<path d="M27.5,15 L27.5,0" id="Line-3" stroke="#355065" stroke-width="2"></path>
</svg></div>
</div><button id="fsa_Button_ChatSubmit" class="btnSend" style="height: 70px;">
<div><img class="btn-send-icon" role="none" src="https://studentaid.gov/virtual-assistant-ui/assets/icon/send_icon.svg"><span class="btnSend-label">SEND</span></div>
</button>
</div>
</form>
POST
<form id="fileUploadForm" enctype="multipart/form-data" method="post" target="fileUploadIframe"><input type="file" id="fileSelector" name="file" style="display: none;"><input name="filename" type="hidden"></form>
Text Content
Loading... HomeManage LoansLower or Suspend Student Loan Payments HOW TO LOWER OR SUSPEND YOUR STUDENT LOAN PAYMENTS Sometimes you might have trouble affording your monthly student loan payment amount. Explore your options for lowering your payment, including switching to a different repayment plan or applying for temporary relief. ON THIS PAGE 1. Switch Repayment Plans 2. Update Your Current IDR Plan 3. Get Temporary Relief: Deferment or Forbearance 4. Review Your Loan Forgiveness Options ON THIS PAGE 1. Switch Repayment Plans 2. Update Your Current IDR Plan 3. Get Temporary Relief: Deferment or Forbearance 4. Review Your Loan Forgiveness Options FAST FACTS * Your monthly payment amount depends on what repayment plan you’re on, so you may be able to lower it by switching plans. * If you’re already on an income-driven repayment (IDR) plan, you may be able to lower your payment by updating your income information. * You can pause payments through deferment or forbearance, but that approach has pros and cons. 1. SWITCH REPAYMENT PLANS Different repayment plans give you different monthly payment amounts. You can estimate your monthly payments on all the available repayment plans by using Loan Simulator. Estimate Your Payments APPLY FOR AN INCOME-DRIVEN REPAYMENT (IDR) PLAN On an IDR plan, your payments are based on your income. Under an IDR plan, payments may be as low as $0 per month. You can apply for the SAVE Plan by using the IDR application (linked below) because SAVE is a type of IDR plan. APPLY FOR AN IDR PLAN APPLY FOR A FIXED REPAYMENT PLAN If you have a low total balance compared to your yearly income, you may be able to get a lower monthly payment on the Standard or Graduated Repayment Plans. These are fixed repayment plans, which base your monthly payment amount on how much you owe, your interest rate, and a fixed repayment time period. To apply for one of these plans, contact your loan servicer. Not sure who your servicer is? Log in to view your servicer’s info. 2. UPDATE YOUR CURRENT IDR PLAN Enrollment in an IDR plan is good for one year. Before the year is over, you need to recertify your income and family size to stay on the plan. Your federal loan servicer will notify you when it is time to recertify. If you give us consent to access your tax information when you apply for IDR, we’ll take care of automatically recertifying your plan on its recertification date. Have you had a change in income? Recertify early to have your new income taken into account right away. Recertify or Change Your IDR Plan 3. GET TEMPORARY RELIEF: DEFERMENT OR FORBEARANCE A deferment or forbearance allows you to temporarily stop making your federal student loan payments or temporarily reduce your monthly payment amount. This may help you avoid default. Note: Interest accrues during forbearances and some deferments. Deferment and forbearance can also impact potential loan forgiveness options. HOW TO APPLY FOR DEFERMENT OR FORBEARANCE 4. REVIEW YOUR LOAN FORGIVENESS OPTIONS Learn about available loan forgiveness options to see if you qualify for loan forgiveness on any of your loans. If some of your loans are forgiven, your monthly payment could be lowered if you’re on a fixed repayment plan. LOWER YOUR INTEREST WITH AUTO PAY You can reduce your interest rate by 0.25% by signing up for auto pay. This won’t change your monthly payment amount, but you may end up paying less in the long run. ADDITIONAL LINKS Repayment Plans Loan Simulator Get Temporary Relief: Deferment and Forbearance Student Loan Deferment Student Loan Forbearance Close Are You Still There? Your session will time out in: 0 undefined 0 undefined End My Session I'm Still Here! Hi there ! I'm Aidan®, the financial aid virtual assistant. How can I help you today? Ask Aidan ® BETA February 16th 0/140 SEND Ask Aidan ® BETA I'm your personal financial aid virtual assistant. Here are some ways that I can help. Answer Your Financial Aid Questions How much money can I borrow in federal student loans? What will I need to fill out the FAFSA® form? Ask my own question Find Student Aid Information Fill out the FAFSA form Go to the Student Loan Repayment page Help me find a page on the site My Account What's my account balance? What's my student loan account number? See a summary of my federal loans and grants Make A Payment Make a monthly payment on my loan Log-In Info How do I update my username and password (FSA ID)? Contact Us Find the contact center that can help me Whom do I contact to pay my loan? Contact my loan servicer Ask Aidan ® BETA Back to Chat Ask Aidan ® BETA Help us improve this response Confusing Answer wasn't helpful Unrelated answer Too long Other Tell us more optional 0/500 Submit Ask Aidan ® BETA Live Chat Please answer a few questions First Name Please provide your first name. Last Name Please provide your last name. Email Please provide your email address. Connect to live chat Do you need help? Close Chatbox Live chat:Chat with an Expert