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Borrower Experience: Income Based Repayment (IBR) 101 Video

August 2, 2012

Nelnet has developed a series of short videos/tutorials to assist borrowers in understanding programs that may positively impact their student loan repayment experience with Nelnet. To view all of our borrower videos, go to www.nelnet.com and select Video &Tutorials from the Help Center in the top right corner.

We often gets calls from borrowers who are facing financial hardship, are having trouble making their payments, and have questions about lowering their payment amounts.  The following video walks a borrower through the basics of IBR.  Borrowers are shown:

  • IBR benefits
  • How payments on the plan are calculated
  • Payment amount comparison of a standard repayment plan vs. IBR plan
  • What to consider before applying

Please take a look and share with your students. Let us know what you think as we continue to develop new ways to reach out and assist our borrowers.

Income-Based Repayment – Informational Video from Nelnet Marketing on Vimeo.

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