Friendly reminder to recertify your income for those of you enrolled in an Income Driven Repayment (IDR) plan, including the following 4 plans:
- Pay As You Earn (PAYE)
- Revised Pay As You Earn (REPAYE)
- Income-Based Repayment (IBR)
- Income-Contingent Repayment (ICR)
Failure to do so in time will cause you to be switched to the 10-year Standard Repayment Plan, which will likely cause your monthly payment to balloon. My loan servicer set 4/27/2016 as the deadline, your mileage may vary. Recertify electronically at StudentLoans.gov.