Completing A (Paper) Loan Consolidation for Parent Plus Loans

from Escape Student Loan Debt Podcast · host EscapeStudentLoanDebtPodcast l Student Loan Strategies for the Established Professional

In this episode we walk you step by step through using a paper Direct Consolidation Loan application to pursue the Double Consolidation loophole for Parent Plus loans.Using this loophole before it expires in July of 2025 can turn Parent Plus Loans, which are only eligible for one Income Driven Repayment plan - the Income Contingent Repayment plan - into a Direct Consolidation loan that is eligible for any repayment plan. EPISODE RESOURCESDirect Consolidation Loan ApplicationIncome Driven Repayment Plan ApplicationConsolidation Instructions + Loan CodesStudent Loan Servicer Contact Info And if you haven't already, sign up for our email list at escapestudentloandebt.com!

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This episode is 13 minutes long.

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This episode was published on November 17, 2023.

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