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Non-Direct Federal Student Loans: Income-Based Repayment Plans

If you received a federal student loan (such as a Stafford loan, PLUS, or HEAL loan) from a financial institution, they would probably offer some sort of income-based repayment plan.

Because these loans are not from the government, there may not be any provisions in the agreements for loan forgiveness after 25 years. The payments may not be as low as they would be from a direct federal student loan.

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