Under the standard repayment plan, you’ll pay a fixed amount each month until your loans are paid in full. Your monthly payments will be at least $50, and you’ll have up to 10 years to repay your loans. Your monthly payment under the standard plan may be higher than it would be under the other plans because your loans will be repaid in the shortest amount of time. However, you will likely pay the least amount of interest over the life of the loan.
Calculate Your Monthly Payments Using the Standard Repayment Option