LOCK IN YOUR LOW RATE!

Consolidate your student loans with industry leading borrower benefits.

Apply Now!

Rates as low as 1.5%

Loan terms up to 30 years depending on balance.

No pre-payment penalties for early payment.

Apply today and stop giving your money away.

  

About Federal Student Loan Consolidation


Those students about to enter graduate school or going in for an undergraduate degree are starting to probably think about taking out loans and Federal Student Loans are the best way to start. Federal Student Loan Consolidation is a great way to save money and use your resources all together at once, whether that includes scholarships, parents, or other resources as well. These Federal Student Loan Consolidations are available for undergraduate and graduate students and come from one source. The U.S. Department of Education makes direct Federal Student Loan Consolidation. Federal Student Loan Consolidation is repaid to the U.S. Department of Education. Federal Stafford Loans: Federal Stafford Loans are made through Federal Student Loan Consolidation Program. While Federal Student Loan Consolidation funds come from private lenders, such as banks and credit unions, they are subsidized and supported by the U.S. Department of Education. Federal Student Loan Consolidation Stafford Loans are repaid to the private lender that made the loan or to its designated agency. Subsidized Federal Student Loan Consolidation is awarded based on financial need, as determined by information supplied on the Federal Student Loan Consolidation Application for Federal Student Aid (FAFSA). Those eligible for a subsidized Federal Student Loan Consolidation loan will not be charged interest while enrolled in school at least half time, during a grace period of up to six months after you are no longer enrolled on at least a half-time basis, or during certain defined deferment periods. The Federal government pays the interest during these periods. Unsubsidized Federal Student Loan Consolidation loans are awarded based on need. The FAFSA must be completed. Interest is charged from the time the loan is disbursed until it is paid off in full. Payments of interest can be deferred while enrolled in school or during grace periods. Remember that deferred interest will be capitalized and added to the principal amount of the loan, and additional interest will be based on that higher amount.


Back To Articles