The application through the Savi website helps federal student loan borrowers find and enroll in the best repayment plan for their situation and, when eligible, pursue Public Service Loan Forgiveness (PSLF).
Depending on when your loans were made, the repayment options available to you may differ:
- If your Direct Loans were made before July 1, 2026: You may be eligible for income-driven repayment (IDR) plans such as Income-Based Repayment (IBR), Pay as you Earn (PAYE), Income Contingent Repayment (ICR), as well as the new Repayment Assistance Plan (RAP). IDR plans typically lower your monthly payment based on your income, family size, and tax filing status.
- If your Direct Loans were made on or after July 1, 2026: The available repayment plans are the Repayment Assistance Plan (RAP) and the Tiered Standard Repayment Plan. RAP is an income-driven plan where your payment is based on a sliding scale of 1%–10% of your adjusted gross income (AGI), with reductions for dependents. The Tiered Standard plan sets a fixed monthly payment based on your total loan balance, with repayment terms ranging from 10 to 25 years.
Most borrowers using Savi are working toward Public Service Loan Forgiveness (PSLF). Enrolling in a qualifying repayment plan is the first step on the path to PSLF. Plans that qualify for PSLF include RAP, PAYE, ICR, IBR, and the 10-year Standard.. Note that the Tiered Standard Repayment Plan does not qualify for PSLF.
Savi helps you identify the right plan for your loans and employment situation so you can make progress toward forgiveness as efficiently as possible.
You can read more about PSLF here: What is Public Service Loan Forgiveness (PSLF) and how do I know if I'm eligible?