Beginning July 1, current and new FFELP and Direct Loan borrowers will be eligible for the new Income-Based Repayment (IBR) program. The National Council of Higher Education Loan Programs (NCHELP) presented a Webinar on the new loan repayment option in late February and has posted an archive of the Webinar on its Web site. The archived Webinar will be available till April 2.

The free Webinar provides an introduction to IBR and gives answers to questions like:

• What does "standard- standard," "permanent-standard" and "expedited-standard" mean?
• How will the new payment plan work?
• How IBR can help delinquency and default prevention efforts?

The Webinar is the first of several that NCHELP will provide. NCHELP has also created an IBR Web center to help individuals keep track of IBR information.

The Webinar features:

• Wanda Hall, Vice President of Operations, Edfinancial Services
• Meileen (Eileen) Herbert, Compliance Coordinator, Sallie Mae
• Amanda Roberts, Customer Service Manager, Western States Learning Group
• Ed Brandt, Senior Publications Specialist, ACS
• Amy Slover, Assistant Vice President, Panhandle Plains Student Loan Center

Posted 03/09/09 to www.NASFAA.org. Redistribution to non-NASFAA institutions is prohibited. Please submit Web site questions or comments to Web@NASFAA.org.