www.myfedloan.org/troublepaying – Get an Affordable Payment

My FED Loan Trouble Paying

  • Apply to lower a Federal student loan payment
  • The application should take less than 5 minutes to complete
  • People should not wait until they fall behind in their payments before applying for help

The My FED Loan Trouble Paying service is operated by the US Department of Education and the Pennsylvania Higher Education Assistance Agency.  Some people may be eligible to even have their loan debt reduced or eliminated under special circumstances.  These special circumstances include those who are employed full-time with a qualifying public service organization or serving as a full-time AmeriCorps or Peace Corps volunteer, people who are teachers, and veterans who are permanent and totally disable due to combat inflicted wounds.  Even those who do not meet these special circumstances will still want to apply for a repayment plan or consolidate their loans (those who have multiple federal loans and/or high loan debt will want to consider the My FED Loan Trouble Paying consolidation program.

My Fed Loan Trouble Paying Notes

  • Many loan repayment plans are based on income
  • Those who miss several loan payments run this risk of default
  • Defaulting on a student loan can ruin a persons credit score and make it difficult to buy a home in the future
  • The Income-Driven Repayment (IDR) plan is the best option for most people who need help with student loan debt
  • Those who are unsure about which option to choose should take the My Fed Loan Trouble Paying Postponing Payments Eligibility Quiz
  • Repayment amounts will be based on the persons income, family size (i.e. single, married, married with kids), and other factors such as where in the United States the person in located

The My Fed Loan Trouble Paying web page also provides tips and tricks to help people save money (these tips mostly have common sense information related to budgeting).


  1. www.myfedloan.org/troublepaying