 TITLE: What Is Income-Based Repayment? CONTENT: How Do I Apply for Income-Based Repayment?\n------------------------------------------\nBefore you apply for an IBR plan, research the other income-driven repayment plans to make sure you choose the one that's the right fit for you. You may even want to call your loan servicer to get more information about your options.\nWhen you're ready to apply, fill out an income-driven repayment plan request form, which you can submit online or via a paper form. The form allows you to select the plan you want to apply for, but you can also leave it blank to allow your servicer to put you on the plan with the lowest monthly payment you can qualify for.\nNote that if you have more than one servicer for your federal loans, you'll need to submit a separate request form with each one.\nBecause you're considering IBR, you'll need to provide income documentation to help your servicer determine your eligibility. Depending on your situation, you'll need your tax return or an alternative form of documentation, such as a pay stub.\nYou'll also need your Federal Student Aid (FSA) ID—find it or create one on the FSA website—and some personal information, including your permanent address, email address and phone numbers.\nAfter you submit your request, it can take a few weeks for your servicer to process it. To speed up the process, apply online and submit all the required documentation as soon as possible. END