Once you have applied your federal loan servicer will let you know regarding your eligibility and, if you qualify, what you loan payment amount will be.
Another question for you regarding on Income-Driven Repayment Plan, and how do I request for mandatory forbearance?
Most types of forbearance are not automatic you need to submit a request to your student loan servicer, often using a form. For some types of forbearance, you must provide your student loan servicer with documentation to show that you meet the eligibility requirements for the forbearance you are requesting.
Will we get assistance with deferment of student loan payments, due to the Corona Virus and work loss?