Income Sensitive Repayment Plan

Income sensitive repayment plans are a great alternative to help with student loan debt when you are first out of school.

Income sensitive repayment means that instead of your student loan debt payment being based on the amount of your debt, it is now based on your income.

An income sensitive repayment plan is helpful if you are planning on getting a raise or promotion in the near future.

An ISR plan is also a viable option if you plan on receiving a large payment or bonus in the future.

An income sensitive repayment plan lowers your monthly payment in the beginning of the term, but your payment increases as your income sensitive repayment loan gets closer to maturity

Income sensitive repayment is different from graduated payments because income sensitive payment plans are based on your income instead of your debt.