Ask Terry Questions Biden relief / Student Loans

Biden relief / Student Loans

By Terry Savage on September 23, 2022 | College Savings / Student Loans

Hi, If I have 3 parent plus loans and I consolidated them am I able to receive the Biden relief 10k on each one or since it’s consolidated I will only receive one relief ?

Terry Says

If they are consolidated as FEDERAL loans, you can receive up to $10,000 — didn’t matter that you consolidated — IF your income is under $125,000 single, $250,000 joint return.

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