Standard and Graduated Repayment Plan Repayment Periods
|
Total Education Indebtedness |
Repayment Period May Not Exceed |
|
Less than $7,500 |
10 years |
|
$7,500 - $9,999 |
12 years |
|
$10,000 - $19,999 |
15 years |
|
$20,000 - $39,999 |
20 years |
|
$40,000 - $59,999 |
25 years |
|
$60,000 or more |
30 years |
|