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    IBR – Payment due less than what IBR says I owe per month

    Hi everybody,

    I was on save and recently switched to IBR with a monthly payment of $520.

    I am had finished my first grad degree and now I am about done with my second graduate degree. My first degree's has a payment due that totals $220 but my 2nd graduate degree direct grad PLUS loans so far has no payment due.

    I am on Mohela website and it can autoallocate my loan payment. Should I still be paying $520 a month or do I just pay whatever that says the total is due?

    Thanks

    IBR – Payment due less than what IBR says I owe per month
    byu/donkey_xotei inStudentLoans



    Posted by donkey_xotei

    1 Comment

    1. kuru_snacc on

      Did you just finish the second degree? Because if so, perhaps those loans have not entered repayment.

      As for the first degree’s loan repayment going from $520->$220, not sure, unless your 2025 tax return shows a lower AGI than 2024.

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