Parent Plus Loan advice

Hello all,

I'm trying to help my parents with the best way to possibly get their parent plus loan forgiven in the future and this subreddit has been really helpful with information.

I just want to see if we're headed in the right direction! My mom applied for the Income-Based Repayment (IBR) plan and got a letter back from the loan servicer stating:

"You recently applied for the Income-Based Repayment (IBR) Plan for your student loans managed by Sloan Servicing. Your calculated monthly payment amount based on income and family size resulted in a payment amount that was greater than what you would pay under the 10-year Standard Repayment Plan. This would have previously resulted in your application being denied.

However, the provisions of the One Big Beautiful Bill Act, signed into law July 4, 2025, now permit Sloan Servicing to process your application. As Sloan Servicing is working through updating our systems to account for this change, your loan(s) may have been placed in an administrative forbearance."

I just want to check… first off, are we on the right track with this? And if so, what is the next step?

Thank you very much… eventually getting this loan forgiven would be such a relief for my folks.