Consolidating student debt

This may lower your monthly payment (but may also increase the total amount you pay over the longer term).

When will I begin repayment on my consolidated loan? If any of your current student loans are still within their grace period, you can delay repayment on your newly consolidated loan until your grace period end-date.

The basic process of federal loan consolidation includes following: Get all the facts and benefits of federal student loan consolidation.

Private student loan consolidation (sometimes known as refinancing) is a very important option to consider when dealing with private student loans.

Since private student loans cannot be consolidated through the Federal Direct Lending Program, you cannot count on a federal loan forgiveness program to help you out. The basic requirements for private loan refinancing include the following: What types of federal student loans are eligible?