After months of Republican backlash against a Biden-era plan, the Department of Education suspended four of the agency’s programs in early March.

The Department of Education has re-opened applications for income-driven repayment plans. Check out the three options available for federal borrowers.

Income-Contingent Repayment (ICR)—determines payments as either 20 percent of discretionary income or a fixed amount over 12 years, whichever is lower. Loan forgiveness is available after 25 years, and this is the only income-driven plan accessible to Parent PLUS Loan borrowers through consolidation.