Eligible loans for the Pay As You Earn plan are Direct Loan Program loans other than: (1) a loan that is in default, (2) a Direct PLUS Loan made to a parent borrower, or (3) a Direct Consolidation Loan that repaid a Direct or Federal PLUS Loan made to a parent borrower. FFEL Program Loans, Federal Perkins Loans, HEAL loans or other health education loans, and private education loans are not eligible for the Pay As You Earn plan. To access information on all of your federal student loans, check the National Student Loan Data System at www.nslds.ed.gov.
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