Income-Based Repayment (IBR) is a repayment plan for the major types of federal student loans that…
‘Extended foster care payments paid under the authority of Title IV – Part E of the Social Security Act are excluded from income for purposes of the calculation of a student's Expected Family Contribution (EFC) and thus not reported on the FAFSA.'
To view the complete letter, click on the 'Extended Foster Care Payments Letter' link below.
To gain further insight on this topic, view the blog written by Annie Blackledge by clicking on the link below.
Fostering Success Michigan is a program of The New Foster Care that aims to increase access and success in higher education and post-college careers for youth with experience in foster care. Learn how you can contribute to building a holistic network that insulates (i.e., strengthens protective factors and reduces risks) the education to career "pipeline."Make a Donation