What it Means to Have a Standard Repayment Plan

Everyone wants to pay off their loans and do it as quickly as possible. Your fastest way to pay off student loans is through a Standard 10 Year Repayment plan. Paying off your loans sooner means you’ll have higher payments each month, but you will pay less interest over time. Under the standard repayment plan, payments of at least $50 each month are made for up to 10 years. If you have a Direct Consolidation loan or a FFEL Consolidation loan then repayment period could vary between 10-30 years, depending on your total amount of student loans.

What loans are eligible under this plan?


FFEL Consolidation Loans

Direct Subsidized Loans

Direct Unsubsidized Loans

Direct PLUS Loans

Direct Consolidation Loans

Subsidized Federal Stafford Loans

Unsubsidized Federal Stafford Loans


The standard repayment plan allows you to save on interest fees and pay off your loans sooner. If at anytime you’re unable to meet the payment amount you can choose to enroll in another repayment plan at anytime.


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