Student Loan RAP Calculator
Your monthly student loan payment under the new Repayment Assistance Plan (1–10% of AGI, $50 per dependent, $10 minimum), the interest subsidy, payoff time, total paid, forgiveness after 30 years or 120 PSLF payments, and payments at other incomes.
| RAP bracket | — |
|---|---|
| Base payment before dependents | — |
| Monthly interest accruing | — |
| Interest subsidy / principal match | — |
| Standard 10-year payment for comparison | — |
| Projected payoff under RAP | — |
| Total paid under RAP | — |
| Forgiven (30 years, or PSLF at 120 payments) | — |
| Payment at other incomes | — |
In short
The Repayment Assistance Plan, available from 1 July 2026, sets payments at 1% to 10% of adjusted gross income in $10,000 bands ($10 a month below $10,000 of AGI, 10% above $100,000), minus $50 per dependent, with a $10 minimum. Interest the payment does not cover is waived and principal falls by at least $50 a month, so balances never grow; the remainder is forgiven after 30 years, or after 120 payments under PSLF.
Who this is for: US federal student loan borrowers moving to or starting on the Repayment Assistance Plan.
How the Repayment Assistance Plan works
| Adjusted gross income | Share of AGI | Monthly before dependents |
|---|---|---|
| $10,000 or less | flat | $10 |
| $10,001–$20,000 | 1% | $8–17 |
| $20,001–$30,000 | 2% | $33–50 |
| $30,001–$40,000 | 3% | $75–100 |
| $40,001–$50,000 | 4% | $133–167 |
| $50,001–$60,000 | 5% | $208–250 |
| $60,001–$70,000 | 6% | $300–350 |
| $70,001–$80,000 | 7% | $408–467 |
| $80,001–$90,000 | 8% | $533–600 |
| $90,001–$100,000 | 9% | $675–750 |
| Over $100,000 | 10% | $833+ |
- Subtract $50 a month per dependent; the minimum payment is $10.
- Interest your payment does not cover is waived, and principal is reduced by at least $50 a month — balances never grow on RAP.
- Forgiveness after 30 years of payments (360 months); PSLF after 120 qualifying months in public service.
- Unlike older plans there is no poverty-line exclusion, so low-income borrowers pay more than under SAVE, while the subsidy keeps balances from ballooning.
See also: Student Loan Payoff Calculator.
Assumptions
- Monthly = max($10, AGI × bracket % ÷ 12 − $50 × dependents); $10 flat at AGI ≤ $10,000.
- Simulation: income grows annually; unpaid interest waived; principal falls by at least $50 a month; forgiveness at 360 months or 120 PSLF payments.
- Standard plan = 10-year amortisation at the entered rate.
Worked example
$55,000 falls in the 5% band: $2,750 a year = $229 a month. Interest accrues at $244 a month, so $15 is waived and the government tops up principal to a $50 monthly reduction. The standard 10-year payment would be $511. With income rising 3% a year the payment climbs through the 6% and 7% bands and the loan is paid off in roughly 16 years 9 months, with about $78,000 paid in total — versus $61,300 on the standard plan. At $75,000 of AGI the payment would be $438; at $100,000, $750.
Frequently asked questions
What is the RAP student loan payment?
1–10% of adjusted gross income depending on a $10,000-wide income band, minus $50 per dependent, minimum $10 a month, for 30 years or until paid off.
Does interest grow on RAP?
No — any interest your payment does not cover is waived, and principal falls by at least $50 a month even if your payment is tiny.
Can I stay on SAVE or PAYE?
Existing borrowers must move to RAP or IBR by 1 July 2028; new loans from 1 July 2026 can only use RAP or the new Standard plan.
Does RAP count for PSLF?
Yes — RAP payments while working full-time for a government or 501(c)(3) employer count toward the 120 payments.
Is RAP better than IBR?
RAP has no poverty-line exclusion, so low earners pay more than on IBR, but balances cannot grow and the $50 principal match helps; the PSLF calculator compares the two.
What AGI does RAP use?
The prior year's return — joint AGI if married filing jointly, your own if filing separately; recertified every year.
Related calculators
See all United States calculators → · All free online calculators
Found an error? Report it — tell us the inputs, the result you got, what you expected and the rule or source. Confirmed corrections are published within a week.
Ready to build your next digital solution?
Send the brief and you get a scoped response with approach, milestones and a fixed price range. Not a sales call.
A 30-minute call with the engineer who would run your project
Within 2 business daysA written scope: approach, module breakdown, milestones, fixed price range
Within 5 business daysYou decide. No retainer, no obligation, and the scope document is yours to keep either way
Your timelineSend your brief
Three fields to start. Add project details if you have them.