Guide to Transferring Parent PLUS Loans to Students

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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about our Editorial Guidelines and How We Make Money.
What Is a Parent PLUS Student Loan?
Refinancing Parent PLUS Loans
Can a Parent PLUS Loan be Transferred to the Student?
Pros of Transferring Parent PLUS Loan to Child
Child Can Assume Financial Responsibility
New Terms and Conditions
Cons of Transferring Parent PLUS Loan to Child
Strips Away Federal Benefits
Replaces Old Debt With New Debt
Refinance Your Student Loans With Lantern
Frequently Asked Questions
Photo credit: iStock/Tempura
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About the Author
Sulaiman Abdur-Rahman writes about personal loans, auto loans, student loans, and other personal finance topics for Lantern. He’s the recipient of more than 10 journalism awards and currently serves as a New Jersey Society of Professional Journalists board member. An alumnus of the Philadelphia-based Temple University, Abdur-Rahman is a strong advocate of the First Amendment and freedom of speech.
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