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Student Loan RAP Payment Calculator (2026)
Estimate your federal student loan payment under the Repayment Assistance Plan (RAP) that started 1 July 2026: 1% to 10% of your AGI, minus $50 per dependent.
Your income and loans
Estimated RAP payment
$229.17 a month
✅ Your payment covers the interest, so your balance goes down.
💡 Good to know
- RAP opened on 1 July 2026. New federal loans taken out from that date can only use RAP or the Tiered Standard Plan. Parent PLUS loans can't use RAP.
- Any balance left after 360 qualifying payments (30 years) is forgiven.
- Payments are recalculated every year from your new tax return.
- Public Service Loan Forgiveness (PSLF) payments made under RAP count.
Estimate from the RAP formula in the One Big Beautiful Bill Act. Your servicer's figure is final. Rules last checked: October 2026. 🔒 Everything stays on your device.
✅ Rules last checked:
📚 Official sources: Federal Student Aid (Edfinancial): Repayment Assistance Plan · StudentAid.gov: income-driven repayment
We build every tool from the official rules and re-check them when they change. Always confirm with the official source before you rely on a result.
🛠️ Spotted a mistake or an out-of-date rule? Tell us
Questions people ask
How is the RAP payment calculated?+
1% to 10% of your adjusted gross income, depending on your income band ($10,000 steps), divided by 12, minus $50 a month for each dependent. The minimum is $10 a month.
When did RAP start?+
1 July 2026. It replaces SAVE, PAYE and ICR over time; borrowers on older plans have until 1 July 2028 to move.
What if my payment doesn't cover the interest?+
Under RAP, interest you can't cover with an on-time payment is waived, and the government matches up to $50 so your principal goes down every month.