WASHINGTON, June 9 -- Department Of Education has issued a notice called: Annual Updates to the Income-Contingent Repayment (ICR) Plan Formula for 2026-William D. Ford Federal Direct Loan Program.
The notice was published in the Federal Register on June 9 by Richard Lucas, Acting Chief Operating Officer, Federal Student Aid.
Summary: The Secretary announces the annual updates to the ICR plan formula for 2026 to give notice to borrowers and the public regarding how monthly ICR payment amounts will be calculated for the 2026-2027 year under the William D. Ford Federal Direct Loan (Direct Loan) Program, Assistance Listing Number 84.063.
For more information, contact Travis Sturlaugson, U.S. Department of Education, 400 Maryland Avenue SW, W...