Estimate your monthly federal student loan payment under the Repayment Assistance Plan using Adjusted Gross Income, dependents, the RAP income brackets, and the $10 minimum payment.
RAPlan estimates monthly payment as: AGI multiplied by the RAP bracket rate, divided by 12, minus $50 per dependent. The result is never lower than $10 per month.
RAP uses income brackets from a flat $10 payment up to 10% for income above $100,000.
Each dependent lowers the monthly payment by $50 before the minimum payment is applied.
If the bracket formula and deductions fall below $10, the estimated monthly payment is $10.
| AGI range | Rate |
|---|---|
| Up to $10,000 | Flat $10/month |
| $10,001 - $20,000 | 1% |
| $20,001 - $30,000 | 2% |
| $30,001 - $40,000 | 3% |
| $40,001 - $50,000 | 4% |
| $50,001 - $60,000 | 5% |
| $60,001 - $70,000 | 6% |
| $70,001 - $80,000 | 7% |
| $80,001 - $90,000 | 8% |
| $90,001 - $100,000 | 9% |
| Above $100,000 | 10% |
The RAPlan iPhone app adds tax-bomb estimates, income-growth projections, IBR comparison, saved scenarios, and annual recertification reminders.