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Are consolidated and/or refinanced loans eligible for FLRP loan repayment?

April 26, 2017consolidated eligible flrp loan Loans refinanced repayment

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Are consolidated and/or refinanced loans eligible for FLRP loan repayment?

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If eligible educational loans are consolidated and/or refinanced, the original loan documentation must be submitted to establish the educational purpose and contemporaneous nature of such loans. The consolidated/refinanced loan must be from a government (Federal, State, or local) or commercial lender and be for the applicant’s qualifying educational loans only. If an eligible educational loan is consolidated/refinanced with any other ineligible educational loan of the application, no portion of the consolidated/refinanced loan will be eligible for loan repayment.