Consolidating direct student loans
Each one of these student loans has its own due dates, interest rates and payment amounts.
While both may be eligible for consolidation, it is important to think of these two types independent of each other when considering consolidation.
Most of them could streamline the repayment process by consolidating their student loans. Get Financial Help Now It simplifies repayment and could save you money.
It is quite common for people with student loans to deal with 10-12 lending institutions, which means 10-12 payments and 10-12 due dates each month.
However, you also could qualify when you leave school or are enrolled less than half-time.
You can’t consolidate private loans in the federal Direct Consolidation Loan program, but some private lenders allow you to consolidate federal and private loans together.