Can I transfer a parent plus loan I took out for my daughter's undergraduate education to my wife who works for a non-profit agency and qualifies for a 10 year loan forgiveness program?

  • 4
    Can you edit and add country tag? – Dheer Aug 11 '16 at 5:01
  • 4
    Read the fine print of the loan agreement, but I suspect the time to think of that was when you were taking out the loan. – keshlam Aug 11 '16 at 6:55

Unfortunately, no. The loan stays in the name of the person it was originally taken out under. You can try refinancing the loan in her name but you would lose certain borrower protections and I'm not entirely sure it's possible. Source: https://studentaid.ed.gov/sa/types/loans/plus#transfer-loan

| improve this answer | |

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.