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1 [1] (January 14, 2025)

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Upon  loan
consolidation


    $138,500  generally
  * PLUS  Loans: Unlimited
Parents of Dependent
Undergraduate Students
  * PLUS  Loans: Unlimited


ans                     Plans                        Plans
Standard                   Income-based                 Available on a
repayment   plan           repayment   plan             case-by-case basis


Extended
repayment   plan
Graduated
repayment   plans


Income-driven
repayment   plans


Saving on  a
Valuable Education
(SAVE) Alternative
repayment   plan


Forbearance  options


ror Dorrower aaversiry                       Calculated $0 monthly  payment
Loan forgiveness  under IDR plan    under an IDR plan
options                                    1 Loan consolidation
Loan forgiveness  for service options


*Capitalization. Unpaid accrued interest is added to the outstanding principal balance of a borrower's loan. When interest is capitalized, it becomes part ofa loan's
principal balance and interest begins to accrue on that new, larger loan amount.

Notes: This infographic depicts the count of terms and conditions for a Direct Loan program loan made in award year 2024-2025 to a borrower who has no outstanding
federal student loan debt as specified in relevant statutes, regulations, and Department of Education guidance. Different terms and conditions may apply to Direct
Loan borrowers not meeting these criteria.
For additional information on Direct Loan program terms and conditions, see CRS Report R45931, Federal Student Loans Made
Through  the William D. Ford Federal Direct Loan Program: Terms and Conditions for Borrowers.
Information as of January 14,2025. Prepared by Alexandra Hegji, Specialist in Social Policy; and Mari Lee, Visual Information Specialist.  CR

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