Another question about Income-Driven Repayment Plan. Could you please explain what you mean by that?
Income-driven repayment plans base your monthly payments on your income and family size, meaning that in some cases, you payment under this plan could become as low as $0 per month.
Can you tell me about an in-school deferment if I am enrolled in college more than half-time?
With that option, in most cases your loan will be placed into a deferment automatically based on enrollment information reported by your school, and your loan servicer will notify you that the deferment has been granted.