Due to recent changes in federal student loan regulations, we are unfortunately unable to help most Parent PLUS borrowers reduce their monthly payments at this time.
The Department of Education has significantly changed the repayment options available for Parent PLUS loans. As a result, many borrowers who previously qualified for more affordable income-driven repayment strategies now have limited options and may be required to transition into a new repayment structure that could result in higher monthly payments. These changes stem from new federal legislation and the elimination of several existing repayment programs.
We understand that these changes may create financial hardship for many families. Like you, we are hopeful that the Department of Education and the federal government will continue to evaluate these policies and introduce additional repayment or relief options for Parent PLUS borrowers in the future.
If the rules change and new opportunities become available, we want to be ready to help.
Please leave your contact information below along with your estimated Parent PLUS loan balance. If new legislation, repayment programs, or relief options become available that could benefit your situation, our team will reach out with a personalized review and explain the options available to you.
We appreciate your patience and understanding during this period of significant change. Our team is closely monitoring developments and remains committed to helping borrowers whenever new solutions become available.
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