I have been on the IBR plan and monthly payments have been $0. I was just notified yesterday that since I was on auto pay, I had $1888 paid for my monthly IBR payment. I went to recheck that all of my loans are still certified under the IBR plan. My 2025 AGI is $25,000, so monthly payment should still be $0, right? I am also set up to allow FedLoan to get access to my tax documents. Why does it seem like they switched me to the standard 10 year repayment plan without notifying me?
Is there an error with my IBR monthly plan?
byu/LexRunner inStudentLoans
Posted by LexRunner
1 Comment
Were you due to recertify? Your payment on IBR becomes a 10 year standard amount if you don’t recertify your income when required.