Sentences with phrase «consolidating federal parent»

Save money and simplify your payments by consolidating Federal Parent PLUS and private qualified education loans with SoFi.

To get on an ICR plan, the government requires you to first consolidate your federal Parent PLUS loan into a Direct Consolidation loan.

Not exact matches

Direct PLUS Loans received by parents to help pay for a dependent student's education can not be consolidated together with federal student loans that the student received.

All types of federal student loans can be consolidated together except a Direct PLUS Loan that was taken out by a parent to help pay for a child's education (student PLUS loans can still be consolidated).

If you consolidate parent PLUS loans with other direct federal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDRfederal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDRFederal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plans.

As a parent, you are able to consolidate parent PLUS loans that you obtained on behalf of a dependent student with federal student loans that you took out for your own schooling.

As a student, you are not able to consolidate parent PLUS loans that are in your parent's name with your own federal student loans.

With College Ave, borrowers can reduce the total cost of their existing student loans, current monthly payment, or both by refinancing or consolidating existing federal, private, and Parent PLUS loans.

However, you are not able to consolidate parent PLUS loans that you obtained on behalf of a dependent student with federal student loans that the student obtained in his or her own name.

ICR is the only income - based plan available for Parent PLUS Loans, though it must be consolidated with other federal student debt using a Direct Consolidation Loan.

Under Alexander's legislation, states could opt to allocate the newly - consolidated funds to low - income parents, giving them much more say over how their child's share of federal education dollars are spent.

Loans that can qualify if they are consolidated include Direct PLUS loans made to parents; subsidized and unsubsidized Stafford loans; FFEL PLUS Loans; FFEL PLUS loans for parents; Federal Perkins loans and FFEL consolidation loans.

I have several types of federal SL's (direct, consolidated Grad Plus), as well as Parent Plus, and am a public service (state) employee.

I owe at least 143,000 in Parent Loans... I work as a registered nurse and I just previously consolidated my loan just like what the federal loan counsellors advised me to do..

If you consolidate parent PLUS loans with other direct federal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDRfederal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDRFederal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plans.

And if you have any Parent PLUS loans, consolidating those with your other federal loans will mean you might lose access to certain repayment plans.

Parent PLUS borrowers who also have other federal student loans and choose to consolidate with Direct will find that the PLUS loan taints the entire consolidation loan and will mean that they will not be eligible to repay the consolidation loan using IBR.

Direct Subsidized Stafford loans Direct Unsubsidized Stafford loans Direct Grad PLUS loans Direct Parent PLUS loans Direct Consolidation loans Perkins loans Federal Family Education Loan Program (FFELP), and some health professions and nursing loans are also eligible if consolidated into the DL program.

Parent PLUS borrowers who also have other federal student loans and choose to consolidate with Direct will find that the PLUS loan taints the entire consolidation loan and will mean that they will not be eligible to repay the consolidation loan using income - driven repayment.

ICR is the only income - based plan available for Parent PLUS Loans, though it must be consolidated with other federal student debt using a Direct Consolidation Loan.

Save money and simplify your payments by consolidating (and saving on) your Federal Parent PLUS loans with SoFi.

You will not be able to consolidate parent PLUS loan with your other types of federal student loans.

Although PLUS loans made to parents can't be repaid under any of the income - driven repayment plans (including the ICR Plan), parent borrowers may consolidate their Direct PLUS Loans or Federal PLUS Loans into a Direct Consolidation Loan and then repay the new consolidation loan under the ICR Plan (though not under any other income - driven plan).

Many students and parents have successfully used the loans to consolidate their federal education loans.

Note that parents with Parent PLUS Loans may not consolidate those loans with their child's federal student loan.

Any student loan debt that was used for financing your education from an approved post-secondary institution, such as SouthEast Bank private loans, private student loans from other lenders, or your federal student loans, i.e. Stafford, Grad PLUS, Parent PLUS, and Consolidation Loans, etc. can be consolidated into one loan through Education Loan Finance.

As a student, you are not able to consolidate parent PLUS loans that are in your parent's name with your own federal student loans.

As a parent, you are able to consolidate parent PLUS loans that you obtained on behalf of a dependent student with federal student loans that you took out for your own schooling.

However, you are not able to consolidate parent PLUS loans that you obtained on behalf of a dependent student with federal student loans that the student obtained in his or her own name.

Any student loan debt that was used for financing your education from an approved post-secondary institution, such as SouthEast Bank private loans, private student loans from other lenders, or your federal student loans, i.e. Stafford loans, Grad PLUS, Parent PLUS, etc., can be consolidated into one loan through Education Loan Finance.