Extended Repayment Option
With Extended Repayment, you may choose to extend the term of your loan.
Extended repayment is available for Federal Stafford, PLUS and Consolidation Loans.
To qualify, your first federal loan disbursement must have been received on or after October 07, 1998 and your accumulated FFELP loan balance must exceed $30,000. All of your loans do not have to be held by IDAPP.
This plan provides you with a repayment term of up to 25 years.
By using the extended repayment option, you lower the cost of your monthly payment but your interest cost over the life of the loan will be higher.
To enroll in the Extended Repayment plan, please complete our
online request form.
Graduated Payment Options
Pay less now. As you earn more, pay more.
Our graduated repayment schedule starts with lower monthly
payments that gradually increase every two years over the
life of your loan. Your interest cost will be higher, but
your loan and credit history will remain in good standing.
You may be eligible for an income-sensitive
repayment schedule. With this option, you pay a lower monthly
payment for 12 months and then return to your regular monthly
payment for the life of your loan.
To find out if you’re eligible
for either the graduated or income sensitive repayment schedules,
call us at 800-366-5755.
Loan Consolidation
See our unILoan Consolidation Program
Early Payoff
Early payoff is the best way to get the
most value out of your loan. The earlier you pay your loan
off, the less interest you will have to pay over its lifetime.
Plus, it’s easy. Simply call us at 800-366-5755 for
your exact payoff figure. Calling is important, because
your monthly statement may not reflect your current payoff amount.
