The below table shows the relationship between your income and your expected COAP repayment contribution.
|#||Adjusted Income||Participant Contribution|
|2||$50,000 - $64,999||15% of Income over $50,000|
|3||$65,000 - $80,000||$2,250 + 30% of Income over $65,000|
|4||Over $80,000||$6,750 + 60% of Income over $80,000|
A schedule of loan payments based on the information you entered in the COAP calculator
|Year||Annual Calculated Loan Repayment||Annual Income||COAP Participant Contribution||YLS Contribution|
COAP allows our graduates the flexibility to pursue any career opportunity afforded to them without concern about their loan repayment.
For the first five years, the loan payment uses the 15-year fixed interest rate. After that, the 5-year fixed interest rate is used.
Pay a gradually increasing amount towards your loan over time
If you have questions on your COAP estimate or would like to discuss in more detail, contact . the YLS Financial Aid Office