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Do graduate loans qualify for student loan forgiveness?
Yes, federal loans taken out for a masters program can be forgiven if they meet the requisite criteria for one of the existing forgiveness programs, generally IDR or PSLF.
Who is eligible for a federal Direct PLUS loan?
Go to Borrower will need to complete a Direct PLUS Loan Application. Borrower will also need to complete the appropriate PLUS Master Promissory Note (MPN) Allow 2-3 weeks for the Loan application and MPN to be processed.
Can Grad PLUS loans be forgiven PSLF?
Direct PLUS Loans for Graduate or Professional Students These loans are eligible for PSLF without having to consolidate and can be repaid under any income-driven repayment (IDR) plan the borrower qualifies for.
Is a graduate plus loan a federal loan?
Direct PLUS Loans are federal loans that graduate or professional students and parents of dependent undergraduate students can use to help pay for college or career school. PLUS loans can help pay for education expenses not covered by other financial aid.
Do grad plus loans qualify for PSLF?
Who is Eligible? Federal Direct PLUS loans are federal loans that graduate or professional students and parents of dependent undergraduate students can use to help pay for college or career school. You must complete a new Direct PLUS Application for each year you wish to receive a parent PLUS loan.
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Only loans you received under the Direct Loan Program are eligible for PSLF. Loans you received under the Federal Family Education Loan (FFEL) Program, the Federal Perkins Loan (Perkins Loan) Program, or any other student loan program are not eligible for PSLF.
Related links
The College Circuit
A graduate student or the parent of a dependent undergraduate student must fill out the PLUS Loan application from the schools financial aid office or
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