Revised Pay As You Earn Program

Revised Pay As You Earn Program

This module covers the revised pay as you earn (REPAYE) program which is a modification of the PAYE program. Changes were made in 2014 to provide additional relief to student borrowers. Changes included a new definition of income, additional interest subsidies, alterations to the maximum repayment term, and removal of the partial financial hardship qualification.

Topic Features

  1. Program explanation
  2. Qualification
  3. Payment term changes
  4. Definition of how income is calculated
  5. Additional interest subsidies
CSLP Program for Financial Advisors on Federal Student Loans

Forms, Documents, Articles

  • Associated forms are found in the LMS resource portal