The Department of Education has created the Federal Consolidation Program to help ease the repayment of federally guaranteed student loans. We help by taking you through the necessary steps to achieve your goals.
Consolidating your student loans can save thousands of dollars over the life of the loan depending on the principal balance. You may qualify to reduce your monthly loan payments by as much as 57%. Through the Federal Program interest rates can be locked in and will never increase.
Through consolidation, you will be given a fixed interest rate determined by when your variable interest rate loans were disbursed. By consolidating your student loans made after July 1, 1998, and during your grace period of within 6 months of leaving school, you can obtain an even lower FIXED interest rate. By consolidating during your six month grace period, you would save an additional .6%.
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