I submitted a final consolidation (of a double consolidation IDR/IBR process) today.
Department of Ed apparently overburdened with backlogs of applications.
What are the odds I’ll get the final loan disbursed by July 1 deadline?
Posted by actionpotential4
2 Comments
Why? You don’t need to double consolidate anymore. But I think you’ll be fine…I had a borrower who submitted March 23 get approved today
Hopefully it will work out. Did you use the online application?
Also, for anyone reading here: double consolidation isn’t necessary anymore and you definitely don’t have time to start the process before the PPL consolidation deadline. Whether you did a double consolidation or a single consolidation, you eventually only wind up with IBR if you complete the necessary moves before the deadline: [https://www.reddit.com/r/StudentLoans/s/MIlpvcxZXs](https://www.reddit.com/r/StudentLoans/s/MIlpvcxZXs)