Ready to Lower Your Monthly Student Loan Payments?

Chipper helps you understand your repayment plan options and guides you through the program that's best for you

Get Started

Struggling to make your monthly payments? Trying to save more each month?

Take Control of Student Loan Debt Your Way

Use our calculator to find a better Income-Driven Repayment Plan.

Income-Driven Repayment (IDR) plans can cap your required monthly payments in proportion to your discretionary income.
Learn More About Income-Driven Repayment Plans →

Chipper has your back.

Chipper examines 150+ loan assistance, income-driven repayment plans, and forgiveness programs you may be eligible for. View all the plans you could be eligible for to compare side-by-side the PROs and CONs of each plan.

How It Works

Check Eligibility

Link your loans & tell us a little about yourself. We’ll check which income-driven repayment plans you’re eligible for.

Compare Options

Compare all income-driven repayment plans side-by-side to find the best program for you.

Easily Apply Online

Pick an income-driven repayment plan & we’ll guide you through the application process.
Get Started

Our impact

Ramona W.

“I only have 2 more years to go to be forgiven of my student loans! I’m excited because I’ll save over $20,000!”

Jessie M.

“I only have 2 more years to go to be forgiven of my student loans! I’m excited because I’ll save over $20,000!”

Norman N.

“I’ve tried to do this all myself before and it’s exhausting. You guys are the best.”


Members use Chipper


Student loan debt managed


Average monthly savings


What is an Income-Driven Repayment (IDR) Plan?

An income-driven repayment (IDR) plan is a payment plan given by the government to help those struggling to make payments on their student loans. If you are at risk of default or can foresee a scenario where you aren’t able to pay, then the option of the IDR is available. You often hear programs such as IBR, PAYE, or REPAYE. All of these fall under the IDR program. In simple terms, you pay based on a percentage of your income with an IDR plan. The amount can increase or decrease, depending on changes in your cash flow.

Do I qualify for an Income-Driven Repayment Plan?

Generally, you'll meet this requirement if your federal student loan debt is higher than your annual discretionary income or represents a significant portion of your annual income.

Can Student Loans Be Forgiven With An Income-Driven Repayment (IDR)?

One consideration of getting into an income-driven repayment plan (IDR) is student loan forgiveness. It can be appealing to pay and have the rest forgiven. However, there are certain conditions you need to fulfill in an IDR to qualify. Understanding them can lead you to decide whether it is the move for you.

How Do You Get Student Loan Forgiveness?

You’ll need to maintain an Income-Driven Repayment Plan for 20-25 years. After paying it consistently, the government will forgive the rest no matter the balance remaining. How long you’ll have to pay will depend on the plan you choose.

Here’s a summary of each, according to IBR Info:

- ICR: pay 20% of discretionary income and a 12-year repayment amount multiplied by an income percentage factor. You’ll have to pay for 25 years. It applies to all Direct Loan borrowers with no PFH required.

- PAYE: Pay 10% of discretionary income for 20 years. It applies to all borrowers who took out a loan after Sept 30, 2007, and one other loan after Sept 30, 2011. Must have a PFH

- IBR: 10% of discretionary income for 20 years. Applies to people who took their loan on or after July 1, 2014. Must have a PFH.

- REPAYE: pay 10% of discretionary income for 20 years, or 25 years if you are in graduate debt. No proof of partial financial hardship (PFH) is required.


Don't worry.
Be Chipper.
Get Started