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Can a Parent PLUS loan be consolidated?

Verify Your Eligibility:Check if your Parent PLUS loans can be consolidated. Federal Direct Loans, including Parent PLUS Loans, meet the eligibility requirements so long as you have another federal loan to combine it with. Visit the Federal Student Aid Website:To start, go to the Student Loan Consolidationpage on StudentAid.gov.

What is Parent PLUS loan consolidation & refinancing?

Bottom Line Parent PLUS Loan consolidation and refinancing are significant decisions that can transform your family’s financial future. These options can feel overwhelming to navigate, especially when you’re striving to do what’s best for your child’s education. Know your options, loan amount, and credit history to manage your debt well.

How do I consolidate a Parent PLUS loan?

Step 1: Fill out a consolidation application online on studentaid.gov for just one Parent PLUS Loan. Pick Nelnet for the servicer. Download a copy of your application to help you with Step 2. It will contain account numbers, balance information, loan type codes, and servicer names needed for your next application.

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