In reviewing your application, we noticed that you selected the ICR plan from your results screen. We want to let you know about a few stipulations with this plan to ensure that this is the best option for you.
When you are married and both you and your spouse have federal loans, your estimated payment under this ICR plan is calculated as if you and your spouse both enroll in the ICR plan. If you select this plan, your spouse will also need to enroll in the same plan for you to receive that lowest possible payment.
- The displayed payment represents your contribution to the ICR plan.
- Your spouse will also have to make a payment that will be proportional to their debt balance.
- You will still be paying and managing your loans separately, but your payments must be made on the same plan.
If you and your spouse are interested in this plan, your spouse will need to convert their account to a full account if they have not already done so. They will then enter all of their information in the application to see their plan results.
If you are a Savi premium user, we can help you enroll in this repayment plan and pursue any potential forgiveness options. If you decide to choose the DIY plan, you would need to submit paper application to your servicer. Note, your spouse will also need to submit an application for this plan.