However, if you take longer to repay your loan, you’ll pay more interest over the life of the loan.Check Federal Student Aid for the consolidation loan types and options available to you.Here at All we have a simple mission - to help you discover the best hotel prices on all hotels, ever.
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However, depending on your specific circumstances, a consolidation loan may or may not be right for you.
Federal consolidation combines multiple eligible federal student loans with various repayment schedules into a new federal loan with a single monthly payment.
If you are graduating and entering repayment on your Federal Stafford and/or Perkins loans, or if you have already entered into repayment, a Consolidation Loan can help ease the burden of loan payments.
Loan consolidation provides many positive benefits such as low fixed interest rates, a longer repayment period, and a single monthly payment to one lender.