RAP Student Loan Calculator
The new Repayment Assistance Plan opened July 1, 2026. Estimate 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 in plain English
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.