Parent PLUS borrowers face approaching deadlines tied to upcoming changes in loan consolidation rules and payment structures. New rules require consolidation into a new loan by June 30 for parents to keep affordable payments, but financial aid experts warn the effective deadline is earlier to allow processing time. For campuses, the change raises risk of confusion during peak financial aid season and could affect institutional counseling workloads for families navigating late-stage repayment decisions. The policy also underscores how borrower compliance timelines can determine whether promised benefits remain available, even when broader federal negotiations are still underway.