Loan Repayment Schedules printable pdf download

Loan Repayment Schedules

When it comes time to repay your Federal Direct Student Loan, you will need to select a repayment plan. There

are several repayment plans: standard, extended, graduated, income contingent, income based, and pay-as-you-

earn. How much you pay and how long you take to repay your loans will vary depending on the repayment plan

you choose. Consolidation loans also have varying repayment plans.

The following link will take you to the U.S. Department of Education's Direct Loan "Calculators and Interest Rates"

webpage where you can estimate your repayment amounts under each of these different plans.

The following sample repayment chart can be used to estimate your loan repayment under the standard

repayment plan. It is for estimating purposes only.

Use this Standard Repayment Plan chart to estimate your student loan payment. Figures have been rounded to

the nearest whole dollar and represent minimum payments at 6.8% (Stafford) and 7.9% (Grad Plus) over a

maximum of 10 years, and do not include interest that may accumulate during periods of deferment or

forbearance. Lower balances may take less than 10 years to repay at the minimum payment of $50. This chart is

for estimating purposes only. Use the Department's online calculator ( ) to get

a more accurate picture of your monthly payment and the total amount you will pay back based on your specific

loan’s balance, terms, and the repayment plan you choose.

Loan Repayment Schedules