An online application makes it easier for borrowers to enroll and also allows them to compare the two repayment programs.
Taken together, the two repayment plans offer hope for millions who might otherwise be shackled with student debt all of their lives.
In essence there are two repayment options: Capital and interest, or repayment, mortgages work as standard loans do.
You also have two repayment options - graduated repayment and extended repayment.
The White House has promoted Income-Based Repayment and Pay As You Earn, two repayment options that cap payments relative to borrowers' incomes, in hopes of reducing borrowers' debt burdens.
The £1.9 billion repayment of the War Loan will take place on 9 March 2015.
It made one repayment to the IMF by borrowing from a separate account at the fund, and has exploited a rarely-used provision in IMF rules to delay all of its June payments until the end of the month.
It said there had been one repayment made since 2004 in the form of a voluntary £1 donation to Unicef originally claimed as part of a hotel bill by the BBC's director of vision, Jana Bennett.
In March Ireland must make a €3 billion repayment on expensive promissory notes (a form of IOU) issued to try to save the doomed Anglo Irish Bank, the most cavalier of its banks.
Meanwhile, in Brussels, another week of panicked headlines from Greece has ended in no deal for the country, which must secure a further cash injection from its eurozone lenders if it is to make a critical €1.5 billion repayment to the IMF on June 30 – or go bust.
