RAP Plan Calculator: Student Loan Payment Estimator
The new Repayment Assistance Plan (RAP) opened July 1, 2026. Free student loan RAP calculator. See your monthly payment in seconds.
Usually your kids. Not you or your spouse. Type 0 if none. Each one cuts your payment by $50 a month.
How RAP works, explained simply
RAP is the new income driven plan for federal student loans. It replaced SAVE, PAYE, and ICR for new enrollment. Your payment is a percentage of your income. The percentage rises with your income, from 1% to 10% of AGI. Every dependent cuts your payment by $50 a month. The minimum payment is $10 a month.
Your payment rate by income
| Adjusted gross income | Payment per year |
|---|---|
| $10,000 or less | Flat $120 ($10 per month) |
| $10,001 to $20,000 | 1% of AGI |
| $20,001 to $30,000 | 2% of AGI |
| $30,001 to $40,000 | 3% of AGI |
| $40,001 to $50,000 | 4% of AGI |
| $50,001 to $60,000 | 5% of AGI |
| $60,001 to $70,000 | 6% of AGI |
| $70,001 to $80,000 | 7% of AGI |
| $80,001 to $90,000 | 8% of AGI |
| $90,001 to $100,000 | 9% of AGI |
| Over $100,000 | 10% of AGI |
Two helpful protections
Unpaid interest does not pile up. If your payment does not cover the interest, the government waives the rest. Your balance also shrinks every month. If your payment cuts less than $50 of principal, the government pays the difference.
Forgiveness
Any balance left after 30 years of payments is forgiven. That is longer than the 20 or 25 years under the old plans. Existing borrowers on old plans have until 2028 to switch.
Frequently asked questions about RAP
What is the RAP student loan plan?
RAP stands for Repayment Assistance Plan. It is the new income driven repayment plan for federal student loans that opened July 1, 2026. It replaced SAVE, PAYE, and ICR for new enrollment. Your payment is 1 to 10 percent of your adjusted gross income depending on your income bracket.
Is the RAP plan better than IBR?
It depends on your income and goals. RAP usually has lower monthly payments and guarantees your balance never grows. IBR forgives your balance sooner, after 20 or 25 years instead of 30. Read the full RAP vs IBR comparison to see which fits your situation.
What happened to the SAVE plan?
A federal court ended SAVE in March 2026. Borrowers on SAVE are being moved off it and have 90 days from their notice to choose a new plan. Read what to do now that SAVE is gone.
How much does RAP cost at different incomes?
See our full table of RAP payment examples from $20,000 to $120,000, with and without dependents.