Browsing: The Department authorized the new enrollments through regulatory changes that are now effective. The PAYE and ICR plans will remain available to new enrollment until July 1

     The U.S. Department of Education (Department) recently announced the reopening of two student loan repayment plans to give borrowers more options to keep their payments low. The Pay As You Earn (PAYE) Repayment and Income-Contingent Repayment (ICR) plans offer credit for Public Service Loan Forgiveness (PSLF) and income-driven repayment (IDR) to eligible borrowers enrolled in the currently enjoined Saving on a Valuable Education (SAVE) Plan, as well as additional terms that borrowers may wish to consider.