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.
There's one more thing I'd like to say to about the Federal Loans. What types of loans are subsidized?