Use this calculator to estimate your federal student loan monthly payment amounts under the Income-Contingent Repayment Plan.

Income-Contingent Repayment is available for all Direct Loans except for Direct PLUS Loans made to parent borrowers. However, Direct Consolidation Loans made on or after July 1, 2006, that repaid PLUS loans made to parents may be repaid under the Income-Contingent Repayment (ICR) Plan.

Income-Contingent Repayment Calculator

Enter the required information below to calculate your estimated monthly payment and repayment summary details for your loan. Be careful to enter the correct information for all your loans. For example, if you have a Direct Subsidized Loan with an interest rate of 3.4% and a Direct Unsubsidized Loan with an interest rate of 6.8%, you must do a separate calculation for each loan.

The National Student Loan Data System (NSLDS®) provides information such as the type(s) of loans you have taken out, outstanding principal and interest, the total amount of all your loans, and who your loan servicer is. You will need your Federal Student Aid PIN to sign in to NSLDS.

NSLDS has information about only your federal student loans—private loans are not included.

Want to apply for ICR?

For an official determination of your eligibility for ICR, you must submit an application.

To apply, submit an Income-Based (IBR)/Pay As You Earn/Income-Contingent (ICR) Repayment Plan Request and either

  • a copy of your most recently filed federal tax return or
  • alternative documentation of your income, if you did not file a federal income tax return in the past two years or you’ve experienced a significant change in your income since you filed your most recent federal income tax return.

Are you ready to apply? Apply now using the electronic IBR/Pay As You Earn/ICR Request.

Note: If you wish to repay your Direct Loans jointly with your spouse under the ICR plan, your loan servicer will need authorization from your spouse to verify your spouse’s student loan balance.