RAP

The SAVE Plan is ending. Borrowers pursuing PSLF should switch to IBR or another qualifying income-driven plan ASAP. The RAP plan launches July 1, 2026, and will be the only…

Key Points Borrowers with federal loans issued after July 1, 2026, will choose between the new Standard Plan or a new income-based option called the Repayment Assistance Plan (RAP). Existing…