Repayment Assistance Plan
The newest federal income-driven student loan plan: 1% to 10% of your adjusted gross income, minus $50 a month per dependent, with a $10 minimum.
The Repayment Assistance Plan (RAP) was created by the One Big Beautiful Bill Act. Your yearly payment is a percentage of your adjusted gross income, from 1% up to 10% as income rises, divided by 12. Each dependent cuts the monthly payment by $50, and it is never below $10.
If your on-time payment doesn't cover the month's interest, the unpaid interest is waived. If it lowers your principal by less than $50, the government adds a matching payment. Any balance left after 360 qualifying payments may be discharged.
Example
With an AGI of $55,000 and no dependents, RAP is 5% × $55,000 = $2,750 a year, or $229.17 a month.