Hello,

I have Federal Direct loans in my name and PLUS loans in my mother’s name. I will be paying both of them. I know that I can’t transfer the PLUS loans to my name or consolidate the two. (If that’s wrong let me know)

I am starting grad school this Fall with a full ride and don’t need any loans to pay for it. Does it make sense to take out the full amount of Federal loans each year I’m in grad school, and use them to pay off the PLUS loans? I want as much of my loans in my name as I can to consolidate later.

Is this a good idea? Please help!

Thanks
Math M.