Can Parent Plus Loans Be Forgiven?

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June 6, 2023 by Marjorie R. Rogers, MA (English), Certified Consultant

No, parent plus loans cannot be forgiven. These loans are federal loans that parents take out on behalf of their undergraduate dependent students, and they are responsible for repaying the loan plus interest.

However, there are some options available to parents who are struggling to make payments, such as income-driven repayment plans and deferment or forbearance. Additionally, parents may be able to consolidate their parent plus loans into a direct consolidation loan, which may make their payments more manageable.

It is important for parents to carefully consider their options and speak with their loan servicer to determine the best course of action for their individual situation.

Can Parent Plus Loans Be Forgiven?


Parent Plus Loan Forgiveness Programmes

If you are a parent who has borrowed money from the government to help fund your child’s education, you might be wondering if it’s possible to have your parent plus loans forgiven. The good news is that there are parent plus loan forgiveness programmes available that could help you reduce or eliminate your student loan debt burden.

Here’s an overview of some of the most common parent plus loan forgiveness programmes available in the us:

Overview Of The Public Service Loan Forgiveness (Pslf) Programme

The pslf programme was created to provide relief to qualifying borrowers who work in public service and meet certain eligibility requirements. Here’s what you need to know about this programme:

  • The pslf programme forgives the remaining balance on your direct loans after you have made 120 qualifying monthly payments while working full-time for a qualifying employer.
  • To be eligible for the pslf programme, you must work for a qualifying employer, which typically includes government organizations, non-profit organizations, and other public service organizations.
  • You must also have made your payments under a qualifying repayment plan while working for your qualifying employer.

Explanation Of The Teacher Loan Forgiveness Programme

The teacher loan forgiveness programme is available to teachers who work full-time in low-income schools or educational service agencies. Here’s what you need to know about this programme:

  • The teacher loan forgiveness programme provides up to $17,500 in loan forgiveness for eligible teachers who meet certain criteria.
  • To be eligible for the teacher loan forgiveness programme, you must teach full-time for five complete and consecutive academic years in a qualifying low-income school or educational service agency.
  • You must also meet other eligibility requirements, such as having no outstanding balance on direct loans or ffel program loans as of october 1, 1998.

Analysis Of Different Repayment Forgiveness Programs For Parent Plus Loans

Apart from the pslf and teacher loan forgiveness programmes, there are other programmes that can help you repay or even forgive your parent plus loans. Here are some of them:

  • Income-driven repayment plans: These plans typically cap your monthly payments at a percentage of your discretionary income and provide loan forgiveness after a certain number of years of repayment.
  • Perkins loan cancellation: This programme provides loan cancellation benefits to teachers, nurses, and other public service professionals who work in certain fields or areas of the country.
  • Deferment and forbearance: These options allow you to temporarily pause or reduce your loan payments under certain circumstances, such as financial hardship or returning to school.

If you are struggling to repay your parent plus loans, it’s worth exploring your loan forgiveness options. By taking advantage of one of the available forgiveness programmes, you could significantly reduce your debt burden and get on the path to financial freedom.

Parent Plus Refinancing And Consolidation

Can Parent Plus Loans Be Forgiven?

If you are a parent who financed your student’s college education with parent plus loans, you may be overwhelmed by the amount of debt you are facing. You may be wondering if there is any way to get your loans forgiven.

The answer is that parent plus loans are not eligible for public service loan forgiveness or other forgiveness programs. However, there are other options to make your loan payments more manageable.

Explanation Of The Difference Between Parent Plus Loan Consolidation And Refinancing

Parent plus loan consolidation and refinancing are two options to simplify and streamline your repayment process. Consolidating your loans means combining multiple loans into one, while refinancing means taking out a new loan to pay off your original loans. Consolidation of parent plus loans is done through the federal direct consolidation loan program.

Refinancing parent plus loans can be done through private lenders.

Advantages And Disadvantages Of Consolidation

Consolidating your parent plus loans can simplify your repayment process by allowing you to make a single payment each month. It can also extend your repayment term up to 30 years, which may lower your monthly payments. However, extending your repayment term will result in paying more interest over time, and you must also consider other factors before making a decision to consolidate.

One of the disadvantages of consolidation is that it may result in you losing certain borrower benefits, such as interest rate discounts or principal rebates.

Factors To Consider Before Consolidating Or Refinancing

Before consolidating or refinancing your parent plus loans, consider the following factors:

  • While consolidation can simplify your repayment process and potentially lower your monthly payments, it may also result in losing certain borrower benefits.
  • Refinancing can result in a lower interest rate, but you must also consider the possibility of a variable interest rate, which may increase over time.
  • Private lenders may offer lower interest rates and better terms than the federal loan program, but you may lose government protections and borrower benefits.

How To Consolidate Your Parent Plus Loans, Including Necessary Forms And Resources

To consolidate your parent plus loans, you can apply through the federal direct consolidation loan program. You will need to complete an application and promissory note, and provide information about your loans. You can apply online or by mail. Resources and additional information about consolidation can be found at studentaid.


While parent plus loans are not eligible for forgiveness, consolidation and refinancing are options that can make your loan payments more manageable. However, before making a decision, consider the advantages and disadvantages of each option and the factors that may affect your eligibility and borrower benefits.

Frequently Asked Questions On Can Parent Plus Loans Be Forgiven?

Can Parent Plus Loans Be Forgiven?

Parent plus loans are only eligible for forgiveness through certain government programs, such as public service loan forgiveness (pslf).

What Is Public Service Loan Forgiveness?

Public service loan forgiveness (pslf) is a federal program that forgives student loan debt for qualifying individuals who work in public service jobs.

Are There Other Loan Forgiveness Programs?

Yes, there are other loan forgiveness programs such as teacher loan forgiveness and perkins loan cancellation for teachers.

How Do I Qualify For Loan Forgiveness?

Qualification for loan forgiveness depends on various eligibility criteria, such as working in a qualifying public service job for a specific time period.

What Should I Do If I’M Struggling To Pay My Parent Plus Loan?

If you’re struggling to make payments on your parent plus loan, contact your loan servicer to discuss options such as income-driven repayment plans or deferment/forbearance.


In short, parent plus loans cannot be directly forgiven. Nevertheless, there are routes available, such as income-contingent repayment plans, public service loan forgiveness, and disability discharge. Each program has its particular circumstances for discharging or forgiving parent plus loans. Keep in mind that if you’re having trouble making payments on a parent plus loan, it’s critical to contact the loan servicer as soon as possible to enroll in an income-driven repayment plan or request a deferment or forbearance.

While some of these options may seem difficult to navigate, it’s worth the effort to get debt relief. The bottom line is that you have a variety of choices, and with a little homework, you can find a route that works best for you.

So, if you’re hesitant to take out a parent plus loan for your children’s education, knowing your alternatives to loan forgiveness can assist you in making a more educated decision.

About Author (Marjorie R. Rogers)

The inspiring mum of 6 who dedicates her time to supporting others. While battling with her own demons she continues to be the voice for others unable to speak out. Mental illness almost destroyed her, yet here she is fighting back and teaching you all the things she has learned along the way. Get Started To Read …