Student Loan Consolidation Information
Student loan consolidation helps students combine multiple student loan payments
into one manageable payment, while substantially lowering the monthly payment amount.
Two different types of student loan consolidation exist, federal student loan consolidation
and private student loan consolidation.
Consolidate Federal Student Loans
If you have federal student loans (Stafford loans, PLUS loans) you may be able to
lower your payments by as much as 60% and combine your various loans into one easy
Consolidate Private Student Loans
Non-government loans (private student loans) have to be consolidated separately
from federal student loans. Private student loan consolidation with extended repayment
period may help to lower your monthly payment. Simplify your monthly bills by combining
multiple monthly student loan payments into one.