Income-Contingent Repayment Plan (ICR)
E572503
The Income-Contingent Repayment Plan (ICR) is a federal student loan repayment option that bases monthly payments on a borrower’s income, family size, and loan balance, potentially extending the repayment term and offering forgiveness of any remaining balance after a set period.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Income-Based Repayment | 1 |
| Income-Contingent Repayment Plan (ICR) canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T6167196 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Income-Contingent Repayment Plan (ICR) Context triple: [Direct Consolidation Loan, repaymentPlanEligibility, Income-Contingent Repayment Plan (ICR)]
-
A.
Graduated Repayment Plan
The Graduated Repayment Plan is a federal student loan repayment option where payments start low and increase at set intervals, typically every two years, to help borrowers whose income is expected to rise over time.
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B.
Federal Direct Student Loan Program
The Federal Direct Student Loan Program is a U.S. government initiative that provides low-interest loans directly to students and parents to help pay for higher education.
-
C.
Native American Direct Loan program
The Native American Direct Loan program is a U.S. Department of Veterans Affairs home loan benefit that provides direct mortgage loans to eligible Native American veterans for housing on federal trust land.
-
D.
Microloan Program
The Microloan Program is a U.S. Small Business Administration initiative that provides small, short-term loans to startups and small businesses that may not qualify for traditional financing.
-
E.
Cross‑Servicing Program
The Cross‑Servicing Program is a federal debt collection initiative that centralizes and manages delinquent debts owed to U.S. government agencies to improve recovery and compliance.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Income-Contingent Repayment Plan (ICR) Target entity description: The Income-Contingent Repayment Plan (ICR) is a federal student loan repayment option that bases monthly payments on a borrower’s income, family size, and loan balance, potentially extending the repayment term and offering forgiveness of any remaining balance after a set period.
-
A.
Graduated Repayment Plan
The Graduated Repayment Plan is a federal student loan repayment option where payments start low and increase at set intervals, typically every two years, to help borrowers whose income is expected to rise over time.
-
B.
Federal Direct Student Loan Program
The Federal Direct Student Loan Program is a U.S. government initiative that provides low-interest loans directly to students and parents to help pay for higher education.
-
C.
Native American Direct Loan program
The Native American Direct Loan program is a U.S. Department of Veterans Affairs home loan benefit that provides direct mortgage loans to eligible Native American veterans for housing on federal trust land.
-
D.
Microloan Program
The Microloan Program is a U.S. Small Business Administration initiative that provides small, short-term loans to startups and small businesses that may not qualify for traditional financing.
-
E.
Cross‑Servicing Program
The Cross‑Servicing Program is a federal debt collection initiative that centralizes and manages delinquent debts owed to U.S. government agencies to improve recovery and compliance.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
federal student loan repayment plan
ⓘ
income-driven repayment plan ⓘ |
| administeredBy | U.S. Department of Education NERFINISHED ⓘ |
| appliesTo |
Direct Consolidation Loans
NERFINISHED
ⓘ
Direct Loans NERFINISHED ⓘ federal student loan borrowers ⓘ |
| availableFor | Parent PLUS Loans consolidated into a Direct Consolidation Loan ⓘ |
| basedOn |
borrower income
ⓘ
family size ⓘ loan balance ⓘ |
| benefitFor | borrowers with lower incomes relative to debt ⓘ |
| canBeSelectedThrough |
Federal Student Aid website
NERFINISHED
ⓘ
loan servicer ⓘ |
| category |
education finance policy
ⓘ
student financial aid ⓘ |
| comparedWith |
Income-Based Repayment (IBR)
ⓘ
Pay As You Earn (PAYE) NERFINISHED ⓘ Revised Pay As You Earn (REPAYE) NERFINISHED ⓘ Saving on a Valuable Education (SAVE) Plan NERFINISHED ⓘ |
| consequenceOfNonRecertification |
payment may revert to amount required to pay off loan in remaining term
ⓘ
unpaid interest may be capitalized subject to limits ⓘ |
| discretionaryIncomeDefinition | AGI minus 100 percent of the federal poverty guideline for family size and state ⓘ |
| documentationForm | income-driven repayment application ⓘ |
| eligibilityRequirement |
borrower must certify family size
ⓘ
borrower must have eligible Direct Loans ⓘ borrower must provide income documentation ⓘ |
| feature |
annual payment recalculation
ⓘ
extended repayment term ⓘ loan forgiveness after qualifying period ⓘ variable monthly payment amount ⓘ |
| forgivenessPeriod | 25 years of qualifying repayment ⓘ |
| forgivenessTaxTreatment | forgiven balance may be treated as taxable income under some federal tax rules ⓘ |
| goal |
make federal student loan payments more affordable
ⓘ
provide a path to loan forgiveness after extended repayment ⓘ |
| interestCapitalizationLimit | capitalized interest limited to 10 percent of original principal on most Direct Loans ⓘ |
| interestTreatment | unpaid interest may accrue when payment is less than interest ⓘ |
| introducedBy | U.S. federal government NERFINISHED ⓘ |
| jurisdiction |
United States of America
ⓘ
surface form:
United States
|
| notDirectlyAvailableFor | unconsolidated Parent PLUS Loans ⓘ |
| paymentAmount | lesser of 20 percent of discretionary income or 12-year adjusted amount ⓘ |
| paymentFormula |
20 percent of discretionary income
ⓘ
amount borrower would pay on a 12-year fixed plan adjusted for income ⓘ |
| paymentFrequency | monthly ⓘ |
| potentialDrawback |
repayment period may be longer than standard plan
ⓘ
total interest paid may be higher over time ⓘ |
| relationshipTo | Public Service Loan Forgiveness (PSLF) qualifying repayment plan NERFINISHED ⓘ |
| requires |
annual family size recertification
ⓘ
annual income recertification ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Income-Contingent Repayment Plan (ICR) Description of subject: The Income-Contingent Repayment Plan (ICR) is a federal student loan repayment option that bases monthly payments on a borrower’s income, family size, and loan balance, potentially extending the repayment term and offering forgiveness of any remaining balance after a set period.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Income-Based Repayment