As of March 26, 2024, The Department of Education has re-opened the option to enroll in an Income-Driven Repayment plan or recertify their current plan. Loan servicers will begin processing applications soon, however we do not have an exact date as of yet.
Most borrowers will see their recertification dates pushed back a year.
If your recertification date was on or before March 17, 2025:
- If you submitted your request before February 20, 2025 and your servicer processed your request, there is no change to your recertification date.
- If you submitted your request before February 20, 2025 and your servicer has yet to process your request, your recertification date will be extended by one year.
- If you did not submit your request before February 20, 2025, your payment will be updated to the Standard plan amount. You are still enrolled in your IDR plan, however you will need to submit a recertification request to lower your payment.
If your recertification date was on or after March 18, 2025, your recertification date has been pushed back by a year.
As of February 27th, 2025, The Department of Education has temporarily removed the option to enroll in an Income-Driven Repayment (IDR) Plan, or recertify their current plan, from the StudentAid.gov website. Because of this, borrowers applying for an IDR should expect significantly longer processing times. Savi is working to determine exactly how this decision will impact borrowers, and we'll provide more updates as soon as they're available and an official announcement is made.
You are still encouraged to submit your IDR application through your Savi account. This way, if there are any policy changes in the future, we will still have your application on file, so you will not have to redo any forms, Savi will handle that for you. For borrowers who are already on the PAYE, ICR or IBR plan, this does not affect you as you are already enrolled.
Please note, this does not affect or apply to the Public Service Loan Forgiveness (PSLF) program. Borrowers are still able to submit Employer Certification Forms (ECF) for credit towards forgiveness and employers should still sign forms.