I had 2 Mohela parent Plus loans that I mailed paper applications for consolidation with 2 different servicers, and I verified that the 2 original Parent Plus loans were paid off and the consolidated loans are with the 2 servicers (Edfinancial and Aidvantage). It is 4/21/26 with the 7/1/26 deadline looming to complete the final part of the double consolidation.

    Three questions:

    1) should I apply to consolidate these 2 loans to a third servicer (Nelnet) by paper application or online?

    2) Each of these 2 loans has a payment due in April…should I pay those now or wait….because I was wondering, where would the payments go if the 2 loans are consolidating to a new servicer???

    3) can I just put "Standard" repayment on this final application and then change to income- based later? I don't think I can get it together quick enough to gather the income info needed for income-based

    thank you

    consolidation question to u/girl_of_squirrels girl_of_squirrels or others who can help
    byu/christyAG inStudentLoans



    Posted by christyAG

    1 Comment

    1. 1. Online – immediately. But theres a chance the final consolidation won’t be done before 7/1

      2. Don’t pay anything until the final consolidation is done

      3. Yes, standard is fine

    Leave A Reply
    Share via
    Share via