Will something happen if I don't get my income and family size recertified by the annual deadline?
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It is really important to recertify before the annual deadline.
Do you need to know what happens if you don't recertify your income before the deadline?
Yes, I would like to know the answer about recertifying my income.
The things that will happen vary depending on the plan you have.
What happens if my family size is not recertified?
The same repayment plan would be enforced if you do not recertify your family size.
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What if I have an income that is not taxed or do not have an income at all?
You would have to mark it the online application or paper application and you are not required to supply further documentation.
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Are their other repayment options if I do not want an income-driven repayment plan?
You would need to contact your loan servicer and discuss repayments options such as extending our repayment period or temporarily suspend your repayment through deferment or forbearance.
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Is there another option besides income-driven plans for PLUS loans for parents?
Yes, parent borrowers of PLUS loans could put there loans into a Direct Consolidation Loan and then repay the new consolidation loan under the ICR Plan.
