payment

What payment amount should be used for student loans?

If a payment amount is shown on the credit report , it may be used for qualifying purposes.  A payment on the most recent student loan statement may also be used.  For income-based repayment (IBR) plans, documentation verifying the payment must be obtained (even when the IBR payment is $0).  For deferred loans or loans in forbearance, a payment of 1% of the outstanding balance, or a fully amortizing payment using documented loan repayment terms should be used.