Another concern about the Extended Repayment Plan that allows you to repay your loans over an extended period of time. Who can assist me in selecting the right plan?
Your loan servicer, the company that handles the billing and other services for your federal student loan, can help you choose the loan payment plan that is best for you.
Another question I have is what should I do to request an income-based payment plan?
To apply for an Income-Driven Repayment Plan you will have to complete the paper application and provide a paper copy of your most recently filed federal income tax return or IRS tax return transcript.