Several income-driven repayment plans are available to federal student loan borrowers who need some assistance in repaying what they owe. With an income-driven repayment plan, including Income-based Repayment (IBR), Pay As You Earn (PAYE), Revised Pay As You Earn (REPAYE), and Income-contingent Repayment (ICR), borrowers can extend their total repayment timeline from the standard ten-year schedule up to 20 or 25 years, depending on the plan selected.