Fedral Parent PLUS (consolidation & discharge)

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Fedral Parent PLUS (consolidation & discharge)

Postby grafidi » Tue Jan 19, 2010 9:48 am

If after my last distribution, say on the fourth year of tuition I want to consolidate all four years of loans into one, can I do so and still be eligible for the loan to be discharged in the event of my death? So, for example I want to consolidate four years of loans into one 30 year loan, I would want to do so but not forfeit the condition that if I were to die that this loan would be discharged, or is there any sort of conditions based on the loan being discharged in the event of death?
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Re: Fedral Parent PLUS (consolidation & discharge)

Postby kristinem17 » Tue Jan 19, 2010 12:39 pm

It is actually up to the new lender. I believe that the previous discharge benefits still apply, but I would check with the consolidation lender.
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