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Parent PLUS Loans Webinar | Q&A for Parent PLUS Borrowers 

Student Loan Planner
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This webinar is for borrowers who have Parent PLUS Loans.
Borrowers who have Parent PLUS Loans deal with somewhat of a different beast than when a student borrows federal student loans. Parent PLUS Loans stay in the name of the parent who pulled them out if kept in the federal system. They generally have much higher interest rates than Direct Loans and don’t offer student loan forgiveness opportunities.
Parent PLUS Loans also have far fewer repayment options available (e.g. amortized standard fixed and graduated repayment plans). But there’s a loophole you probably haven’t heard about before: the Parent PLUS double consolidation. Learn more about this loophole: www.studentloa...
More on Parent PLUS loans: www.studentloa...

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27 дек 2022

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Комментарии : 18   
@StudentLoanPlanner
@StudentLoanPlanner 9 месяцев назад
We're hosting an updated webinar session on Thursday, Nov. 9, 2023 at 7pm ET. Join here: us02web.zoom.us/webinar/register/WN_bL9U-OxeQKWAjQ3UaWuNfA#/registration The webinar will be posted soon after on RU-vid.
@allkindsamusicchick
@allkindsamusicchick 5 месяцев назад
What is your fee to help a parent with this procedure, and has the one-time Government Adjustment Deadline extended, or is it still 4/30/24??
@ladyarrant12
@ladyarrant12 9 месяцев назад
I love what you ladies do! Thank you for helping us understand the options and what they look like. I will definitely be watching over and over again to understand the double consolidation. I think I can considering I have a DCSL already and 1 parent plus. I can consolidate my parent plus by itself? And then consolidate again into a my current DCSL? This is why I’ll watch several times to understand this loop hole as it exists.
@StudentLoanPlanner
@StudentLoanPlanner 9 месяцев назад
Your comment is just on time! Join us next Thursday, Nov. 9 at 7pm ET for an updated webinar: us02web.zoom.us/webinar/register/WN_bL9U-OxeQKWAjQ3UaWuNfA#/registration
@user-wr5ju4xc5o
@user-wr5ju4xc5o 10 месяцев назад
Can i use the double loophole consolidation if I only have one Parent PLUS Loan? And how would I go about doing that
@AbosedeI
@AbosedeI 10 месяцев назад
I have the same question!
@ladyarrant12
@ladyarrant12 9 месяцев назад
I know she kept emphasizing we must have 2 loans in order to do the double consolidation thing. Well, I technically have 2, one is already a consolidation loan and I have one parent plus loan. Based on what she said, each loan you have can be consolidated by different companies separately, then consolidated again together. I wonder if that applies to one that’s already consolidated and one that needs to be (parent plus)?
@gif24gt60
@gif24gt60 Год назад
What about a video on student Grad Plus loans?
@AlbertDelacruzrealtygroup
@AlbertDelacruzrealtygroup 9 месяцев назад
Pay it off with credit card and file for bk
@LoriAnnDruck
@LoriAnnDruck Год назад
If I have 3 parent plus loans, can I consolidate 2 of them together and then the 3rd one on its own/? Then consolidate them as a double consolidation altogether? Since the loan code changes from parent plus student loan does this disable the loan from loan forgiveness if and when it passes?
@brainspout3447
@brainspout3447 11 месяцев назад
Wow I really wish they would have answered this question. This is exactly the problem I am facing, and I have searched for days to find the answer with no luck. Did you ever find out if this is possible? I would consider a huge favor if you would reply back here and let people like me know. Thanks in advance.
@TheElitets
@TheElitets 10 месяцев назад
where do you find the paper form. do you complete everything on the site then print, then sign and submit?
@TheElitets
@TheElitets 10 месяцев назад
I found it
@StudentLoanPlanner
@StudentLoanPlanner 9 месяцев назад
FYI your comment is just on time. We're hosting an updated webinar next week, Wed., Nov. 9 at 7pm ET: us02web.zoom.us/webinar/register/WN_bL9U-OxeQKWAjQ3UaWuNfA#/registration
@dancerodie
@dancerodie Год назад
One important piece of information, which I think you forgot is that a single Plus loan can be consolidated to meet the ICR repayment option, but a question I have is if the Plus Loan has two despirsements ( but considered one loan) apart and has not been consolidated at all ( not even for ICR), could it still quality for double consolidation? I'm also guessing that if a parent has another federal type loan themselves ( in addition to the Plus Loan) they can still qualify for a double consolidation.
@brainspout3447
@brainspout3447 11 месяцев назад
Thank you so much for this information. I have been searching for days to find if you can consolidate a single loan. I'm still not totally clear on how you do that but, based on your comment at least now I know it's possible. Thanks again.
@dancerodie
@dancerodie 11 месяцев назад
@@brainspout3447 Hi! I have completed my double consolidation and it worked out perfectly.
@AbosedeI
@AbosedeI 10 месяцев назад
Please lmk what you find out! Im in the same boat and dont know how to proceed@@brainspout3447
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