And, if you no longer demonstrate partial financial hardship, your monthly payment will change to a «standard» payment amount. (wisebread.com)
Partial financial hardship means your income is low enough that 10 or 15 % of your discretionary income would be less than your standard 10 year repayment amount. (thecollegeinvestor.com)
Typically, this plan has the lowest monthly bill of the income - based bunch, so qualification depends on proof of partial financial hardship. (studentloanexchange.org)