Can a Parent PLUS loan be transferred?
One question we get a lot regarding Parent PLUS loans is whether or not the payments can be transferred to a child. The answer, sadly, is no. Parent PLUS loans are federal-based loans taken out by the parent in his or her name, and will remain so throughout the duration of the repayment.
However, as a parent, there are options if you are unable to pay, or expect you will be unable to pay back a PLUS loan.
If you have yet to take out a PLUS loan, you might be better off applying for a private student loan if you are concerned about being unable to make payments in the long run. With a private student loan, you can apply to be released from the loan after a set number of consecutive payments and have the remaining sum transferred to the student.
If you are parent who has already taken out a PLUS loan, you could establish a payment plan with the student, whereby the parent pays the loan back directly to the lender, and then the student reimburses the parent.
Related search:
Seven Reasons Why I Hate Student Loans
If you're thinking about taking out student loans for the upcoming school year, read this before you do it. Every time I see my student loan statement, ...
www.moneycrashers.com › Careers › College & Education
A Rough Guide to Repaying Student Loans
3 Nov 2007 ... Student loan debt is the largest debt I have. I pay about $350 a month and I would love to pay more but I can't afford it. I hate feeling ...
www.getrichslowly.org/.../a-rough-guide-to-repaying-student-loans
I HATE STUDENT LOAN DEBT!!!
3 Jan 2009 ... If someone would have told me that I would be paying $1200.00 per month in student loan debt 15 years after graduating from a top tier law ...
ihatestudentloandebt.blogspot.com/
Student with a student loan in default! - Canada Student Debt - Page 1
20 posts - 10 authors
Sounds like your loans were held with the National Student Loan Service Centre. I hate these guys. Try to keep every shred of documentation. ...
www.canadastudentdebt.ca/forum_posts.asp?...student...student-loan...
Help! I hate student loans!
8 Sep 2010 ... My private student loan is now only a four digit number! Yay! $9769.97. This seems like a much more conquerable number than where I started. ...
ihateloans.blogspot.com
I HaTe StuDent LoAnS!! | Facebook
Welcome to a Facebook Page about I HaTe StuDent LoAnS!! Join Facebook to start connecting with I HaTe StuDent LoAnS!!
www.facebook.com/pages/I-HaTe-StuDent-LoAnS/188182041971
I hate student loans | Facebook
Welcome to a Facebook Page about I hate student loans. Join Facebook to ...
www.facebook.com/pages/I-hate-student-loans/174316079118
5 Reasons Why I Hate Student Loans | Currency from Amex
14 Oct 2010 ... Debt is like Jason from Friday the 13th: It never stops coming.
https://getcurrency.com/blog/5-reasons-why-i-hate-student-loans
Dear Direct Student Loan Servicing, I Hate You | Yes, I Am Cheap
10 Mar 2011 ... I hate you, Federal Direct (Student) Loan Servicing company. I hate you with the fire of an acid reflux sufferer that has just had Indian ...
yesiamcheap.com/2011/03/hate-direct-student-loan-servicing/
Goddamn. I hate Iowa Student loan people. | Harper Reed: Tech ...
I hate Iowa Student loan people. 06 Mar. Written by harper on Mar 06 2007. For the past couple weeks I have been slowly and surely reigning in all my ...
www.nata2.org/.../goddamn-i-hate-iowa-student-loan-people/
iamdanw: Repaying Student Loans ARGH IT BURNS - I Hate Hobo
I Hate Hobo · iamdanw: Repaying Student Loans ARGH IT BURNS · iamdanw: Repaying Student Loans. ARGH IT BURNS. Reblogged from Dan W, Web App + Mobile ...
hatehobo.tumblr.com/post/172973248/hobo-reckoner
I hate financial aid/student loans, etc.
Does anyone absolutely hate this shit? It seems like theres always a fucking impossible form to fill out or something to update. I have some bullshit.
www.pocketfives.com/.../i-hate-financial-aid-student-loans-etc-352797
I hate Astrive Student Loan commercials - Xbox 360 & Xbox Forums
7 posts - 6 authors - Last post: 21 Dec 2007
I hate Astrive Student Loan commercials Off-Topic Lounge.
forum.teamxbox.com › Discussions › Off-Topic Lounge
I fucking HATE student loans. : self
10 Jan 2011 ... When I first applied for student loans I was awarded about $8k, enough to cover my tuition and books for the whole year. ...
www.reddit.com/r/self/related/ezrpb/i_fucking_hate_student_loans/
I Really Hate Myself And Its Making Me Depressed? - Student Loans ...
13 Mar 2011 ... Let me start by saying I'm 22 years old, and I have nothing going for me. I have so many things that I hate about myself and it doesn't help ...
studentloansinterest.org/.../i-really-hate-myself-and-its-making-me-depressed
I hate student loans | Facebook
Facebook is a social utility that connects people with friends and others who work, study and live around them. People use Facebook to keep up with friends, ...
www.facebook.com/group.php?gid=31174059850
I have a nursing degree. I hate being a nurse.? - Yahoo! Answers
24 answers - 11 Apr 2008
What do I do with a degree I hate and student loans to pay back? Going back to school is not an option. I need a decent paying job that I ...
answers.yahoo.com › ... › Health Care
I hate student finance! - The Student Room
20 posts - 14 authors - Last post: 8 Sep 2010
I hate student finance!” discussion on The Student Room's Student Financial ... it says on wikip that student loans company are part of UK ...
www.thestudentroom.co.uk › ... › Student Financial Support
6 Reasons Why I Hate Cash — Broke Grad Student
7 Jul 2008 ... Paying back $22000 in student loans by making money online ... I hate both equally, but the latter is way more embarrassing. ...
www.brokegradstudent.com/6-reasons-why-i-hate-cash/
Answered: Stocks vs Student Loan
18 Feb 2011 ... That's my thinking — While I really hate my student loan, having it around for several more years, isn't going to affect me at all. ...
www.twentysomethingmoney.com/.../answered-stocks-vs-student-loan
I HATE STUDENT LOAN DEBT!!!: STUDENT LOAN DEBT DEPRESSION
17 Dec 2008 ... And yes, I hate student loans! December 30, 2010 1:03 AM · Debt Her said... I understand exactly how you all are feeling. ...
ihatestudentloandebt.blogspot.com/.../student-loan-debt-depression.html
Student Loans Suck « Weddingbee Boards
36 posts - 26 authors
I hate student loans!! I pay out over $300 each month and it's supposed to keep going for another 10 years....boo!!! I would love to have it all paid off ...
boards.weddingbee.com/topic/student-loans-suck
Student Loans [Archive] - Calgarypuck Forums - The Unofficial ...
24 posts - 16 authors - Last post: 10 Jan 2009
I feel like just getting rid of this student loan because I hate having it over my head. Of course I realize this is most likely not the ...
forum.calgarypuck.com › ... › Main Forums › The Off Topic Forum
i hate student loans on Myspace
i hate student loans's profile on Myspace, the leading social entertainment destination powered by the passion of our fans.
www.myspace.com/ihatestudentloans
Lawstudents.ca • View topic - Quebec student loans/bursaries
4 posts - 2 authors - Last post: 15 Aug 2005
Yeah, I hate the Quebec student loan process. During my undergrad at McGill, I knew a large amount of people that were receiving Quebec ...
lawstudents.ca › ... › Applicant Resources › Student Financial Support
Money Making Ideas For College | the I HATE MY JOB guide
the I HATE MY JOB guide. opportunities to change your situation ... Â Let's not even MENTION how you're going to pay your student loans! ...
ihatemyjobguide.com/money-making-ideas
student loans or mortgage - which to pay first - We're Debt Free ...
25 Mar 2011 ... Personally, I'm for paying off SLs first simply because I HATE our student loans. Hate them with a passion and am angry that we even have ...
community.babycenter.com/.../student_loans_or_mortgage_-_which_to_pay_first
Why Student Loans Suck… [Infographic]
11 Apr 2011 ... I hate my student loan — it's our only non-mortgage debt — but it's not Sallie Mae's fault that I have it. It's not the government's fault. ...
manvsdebt.com/why-student-loans-suck
Can a Parent PLUS loan be transferred? « Student Loan Info for Parents
15 Apr 2010 ... I hate to be the bearer of bad news, but student loans are basically impossible to receive assistance with, only if your child begins ...
parentstudentloans.wordpress.com/.../can-a-parent-plus-loan-be-transferred/
NGPR-I hate student loans!
15 posts - 13 authors - Last post: 11 hours ago
NGPR-I hate student loans! I wish they would just go away! I think I'm in need of a better paying just just to pay them off! LOL ...
No comments:
Post a Comment