RAP is the sole income-driven repayment plan available to new federal Direct Loan borrowers starting July 1, 2026, replacing SAVE, PAYE and ICR.
How it works
Your entire AGI is assigned a bracket rate — 1% per $10,000 of AGI above $10,000, capped at 10% above $100,000 — then that rate applied to your AGI and divided by 12 gives your monthly payment, reduced by $50 per dependent, with a $10/month floor.
What this does not include
This does not include RAP’s loan-forgiveness timeline, interest subsidies, or how the plan treats married borrowers who file separately — all of which affect the total cost of the plan beyond the monthly payment shown here.
How to use this calculator
- Enter your adjusted gross income and number of dependents.
Frequently asked questions
Why does RAP count my entire AGI instead of shielding some income?
Unlike SAVE, which exempted the first $35,000 of income before assessing a payment, RAP applies its bracket rate to the full AGI amount, which can mean a higher payment for some borrowers even at similar income levels.
Can I still use SAVE, PAYE, or ICR?
No — RAP replaces those plans for new Direct Loan borrowers going forward; existing borrowers on those plans have their own transition rules.
What if my AGI is very low?
At or below $10,000 of AGI, RAP charges a flat $10/month minimum payment regardless of dependents.
