Direct Student Loan Consolidation

Consolidating Student Loans: Direct Student Loans for College Student Loan Consolidation Programs

federal student loan consolidation

Federal Student Loan Consolidation Made Easy

Posted on May 9th, 2009 in Federal Student Loan

Federal Loan Consolidation Programs

Consolidating student loans is not difficult. The idea of how to consolidate student loans is easy to follow. There are two Federal Student Loan Consolidation programs in the United States that allow a student to consolidate all Direct Student Loans into one single loan:

The Federal Family Education Loan Program
Federal Direct Student [...]

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Consolidating Student Loans: Private Student Loans Consolidation

Posted on April 25th, 2009 in Private Student Loan

Consolidating Private Student Loans, when compare with Federal Student Loan Consolidation, is a little trickier and harder. To qualify, the student must pass a credit check, be a U.S. citizen, and occasionally pay a nominal application fee. Specific requirements will vary from lenders to lenders.
One main benefit of Consolidating Private Student Loans is the [...]

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Federal Student Loan Consolidation - Why Bother?

Posted on April 24th, 2009 in Federal Student Loan

The primary drivers favoring Federal Student Loan Consolidation with borrowers are, namely, to simplify finances, lock-in an interest rate, and to reduce monthly payments.
Consolidating student loans guarantees a single fixed interest rate for the entire term of the loan. Borrowers do not have to worry about the fluctuating rates that often occur within the money [...]

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