Eligibility Criteria for the SAVE Plan
Watch to learn about eligibility for the new Saving on A Valuable Education (SAVE) plan for federal student loans.
Published October 17, 2023
Saving on A Valuable Education (SAVE) is a federal Income-Driven Repayment plan replacing REPAYE.
Who is eligible for the Saving on A Valuable Education (SAVE) plan?
SAVE is for student loan borrowers with federally held loans, including all direct subsidized, unsubsidized, and consolidated loans, as well as Grad PLUS loans. Private student loans are not eligible for SAVE, and Parent PLUS loans may not be eligible as well.
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This information provided is for informational purposes only and does not substitute consultation with a legal, tax or investment professional for important financial decisions. Laurel Road assumes no liability for loss or damage incurred by use of the information provided. Please visit laurelroad.com for full product details, terms and conditions.
All Laurel Road lending products are subject to credit approval.