Student loan consolidation was introduced by the United States Government to ease the burden of paying back student loans. The program is easy and does not require a credit check. Before accepting any student loan you should make sure you are familiar with all of the terms of the loan. Remember that you could be paying for this student loan for many years, so it is important to make an informed decision.

Want to find out if you are eligible? Request a free, no-obligation information packet or just give us a call toll-free at (877) 328-1565 and we can confirm your eligibility.

The federal consolidation loan program allows a student to put all his/her federal educational loans into one new "consolidated" loan. General information about student loan consolidation can be found at www.finaid.org/loans/consolidation.phtml. For specific information regarding loan consolidation, please contact your lender. You may use the following list of lenders' toll-free numbers and links to their consolidation information.

You will only make one payment with one check to one mailing address. From a system standpoint you may have more than one loan as lenders track your subsidized and unsubsidized loans separately.

Consolidation is a process through which you can combine several different federal educational loans together into one consolidation loan. Advantages of this program are: If you need additional information about consolidation, please contact your Financial Aid Advisor or visit The Access Group's loan consolidation web page

If you take a longer amount of time to pay off your student loan debt, you will pay more interest over the course of loan repayment. However, because there are no prepayment penalties and because consolidation give you a simple-interest loan, if you continue making the same payments you were making prior to loan consolidation, you will not pay more in interest and may pay off the loan even more quickly than you would have paid off your previous loan. No, EdFed benefits are guaranteed.

Loan consolidation allows students to combine all of their existing federal student loans into one with a weighted average fixed interest rate. Normally consolidation isn't something that students are concerned about until graduation, as students who are currently enrolled are not generally eligible for consolidation. Our office provides annual loan consolidation updates and focuses on this topic during the Exit Counseling session you'll attend before leaving the Law Center.

Student loan consolidation can be a great option. With consolidation, you will be able to lock in one fixed rate and extend your loan term which will lower your payments. If you would like to learn a little more about consolidation, the U.S. Department of Education has a lot of information. (http://loanconsolidation.ed.gov/) Websites such as www.salliemae.com (Sallie Mae), www.cfsloans.com (Collegiate Funding Services), and www.collegeloancorp.

We offer a reduced interest rate in the first year of the loan which is between 3.65% and 4.00% less than your full loan interest rate (between 9.89% and 11.08% APR).* This allows you time to start your career and establish yourself while your loan accrues interest at a lower rate. We allow you to make interest-only payments for the first two years of repayment.

A loan consolidation is when you have one lender buy your other federal student loans, making them all one loan. For federal student loan purposes, this means that you may combine any or all of your federally funded loans into one loan. Perkins Loans are eligible for this as well as Staffords and Health Professional loans to name just three. To start the paperwork, you need to contact one of your Stafford loan lenders. This may be the Department of Education (the lender of your William D.

Almost everyone qualifies for some type of college student loans, whether through private or federal financial aid means. Many college student loan candidates also can be surprised by how much they qualify for. You can easily fill out a free loan application to see just how much loan money can be obtained. The best advice, though, is to estimate you school expenses and don’t take anymore that what you know you will need.