A government debt relief in the form of Direct Consolidation Loan is such as good news to many people. However, the question is who may avail of such relief? Specifically, the ones eligible are those under Federal Family Education Loan (FFEL) or at least have made one Direct Loan. However, this has to be in such status like, grace, repayment, deferment or default. Loans applied for this program while still a student is not qualified to get this relief.
In a direct consolidation loan, borrowers may fuse most overdue education loans. However, this can only be possible if he / she complies with the government's requirements. One, there should be a payment scheme that works in favor to both parties. Two, repayment scheme can be through the Income Contingent Repayment Plan.
On the other hand, if a borrower did not qualify to the above mentioned situation, but has at least one FFEL, eligibility may be granted. That is if this loan has not been subjected to the same debt relief program. It could be a sisters 'or brothers' loan of this borrower, but has not availed of Direct Consolidation Loan at all.
Another restriction of eligibility is if this borrower has already availed of this form of debt relief. He / she can only change repayment scheme, but not reapplying for the same program without due reason. The only time that an application is possible is when a new loan is added. This could be a case of a younger sibling's student loan.
Since this eligibility is also subject to the kind of loan granted, in the case of FFEL, who may initiate the application? This is a family matter that should be discussed among them. Whether it's the older brother / sister, the middle or the younger, it does not matter. What matters most is one of them should apply for Direct Consolidation Loan.
Anyways, basic requirements to be eligible to apply are already known. So proofs of which and who made the loans will also be presented. This is a challenge to family solidarity; it's a one-for-all-for-one all-for-one thing. That even during debt repayment, they are one united to avail a government debt relief program.