All my pending Parent PLUS loans were consolidated and placed on ICR. I remember reading that I had to make one payment and then request IBR. Is that still the case? I know when I took my own loans off of SAVE, IBR was no longer an option. Am I still able to do this and is there any benefit to going on IBR?
Parent Plus Consolidated & ICR approved – next steps?
byu/Badly_Done_Indeed inStudentLoans
Posted by Badly_Done_Indeed
1 Comment
Yes. Make one payment on ICR and then you are eligible for IBR. IBR no longer has restrictions. ICR may be cheaper than IBR but ICR is gone as of 7/1/2028