In that case, you will need to choose the plan that will provide the most benefits to you which are based on your own personal circumstances
What does it mean when it says that I must be a new borrower to qualify for the PAYE Plan?
This means that you must have had no outstanding balance on a Direct Loan or FFEL Program loan when you received a Direct Loan or FFEL Program loan on or after Oct. 1 , 2007 , and you must have received a disbursement of a Direct Loan on or after Oct. 1 , 2011
Are there any implications if I don't recertify my income and family size by the annual deadline?