PSLF for Parent Plus loans

Discuss Stafford, PLUS, Direct, and other federal loan products.

Moderators: Ms. Stafford, Financial Aid Guru

PSLF for Parent Plus loans

Postby therents » Fri Apr 26, 2013 3:49 am

I understand that PSLF has not been taken away for parent plus loans, but it appears that IRR has.
Are there other repayment options?
when my child started college this was an option, not sure what I am going to do now.
therents
New
 
Posts: 1
Joined: Wed Apr 24, 2013 4:11 am

Re: PSLF for Parent Plus loans

Postby Aid Whiz » Fri Apr 26, 2013 7:05 am

I assume you mean IBR?

The only way parents can effectively take advantage of Public Service Loan Forgiveness is by consolidating through the Department of Education, then selecting the Income-Contingent Plan. This is the best repayment plan that's available for PLUS Loans for loan forgiveness purposes.

For more information on consolidation, visit https://loanconsolidation.ed.gov/AppEnt ... pindex.jsp
Student Advocate, The Student Loan Network

Check out the Student Loan Network Official Blog for the latest in financial aid news and information!

Follow us on Twitter for helpful tips and tricks for financial aid!
Aid Whiz
Veteran of Financial Aid
 
Posts: 626
Joined: Wed Mar 30, 2011 8:25 am


Return to Federal Loans

Who is online

Users browsing this forum: No registered users and 3 guests

cron