What you Need to Know About Consolidating your Federal Student Loans
So you’ve graduated from college, and after the relief and the celebrations, the realization of your adult responsibilities may be starting to set in: the job search, rent payments, utility bills. And now here’s another one: All those federal student loans that made your college years financially possible may be coming up for repayment soon. As grace periods end, whether you and your parents face just one student loan or multiple student loan balances, payments and payment dates, Federal Consolidation Loans can help simplify your repayment options and may lower your monthly loan payment obligations.
NextStudent, a leading Phoenix-based education funding company, features Federal Consolidation Loans, available to both parents and graduates, that offer all the benefits of federal student loan consolidation along with NextStudent rate reduction incentives that reward responsible repayment.Federal Student Loan Consolidation Eligibility
In order to be eligible for student loan consolidation, a borrower’s federal student loans must be in one of the following:
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