SAVE - A New Income Driven Repayment (IDR) Plan

SAVE - Saving on a Valuable Education A new Income Driven Repayment (IDR) plan will become available - SAVE (Saving on A Valuable Education) which is replacing REPAYE. There are couple of significant benefits to the SAVE plan: A) 100% interest subsidy on any interest accrual (ie, if your payments are not sufficient to cover the interest, you will NOT be responsible for any interest accrual). B) You can exclude spouse's income, if married, by filing separately. C) The income exclusion for... Read more
Source: Student Doctor Network - Category: Universities & Medical Training Authors: Tags: Financial Aid Source Type: forums