Best rates for consolidating private student loans
allows you to consolidate (combine) multiple federal education loans into one loan. Top Private education loans are not eligible for consolidation, but for some Direct Consolidation Loan repayment plans, the total amount of your education loan debt—including any private education loans—determines how long you have to repay your Direct Consolidation Loan.The result is a single monthly payment instead of multiple payments. Direct PLUS Loans received by parents to help pay for a dependent student’s education cannot be consolidated together with federal student loans that the student received.Perkins Loans are federally-guaranteed student loans that are issued jointly, by the U. government and individual financial aid departments at colleges and universities.The low-interest, fixed-rate loans are in-place to provide supplemental funding for students with extraordinary financial aid needs for college. Ford Federal Direct Loans provide general assistance for low and middle-income applicants.
If you want to lower your monthly payment amount but are concerned about the impact of loan consolidation, you might want to consider deferment or forbearance as options for short-term payment relief, or consider switching to an income-driven repayment plan.
If you're in the market to consolidate and better manage your student loans, National Debt Relief should be your first choice.
So Fi (which is pronounced "SEW-fi", short for "SOcial FInance") is one of the most innovative resources available for both federal and private student loan consolidation.
Other assumptions include a 21 month in‑school period, 6 month grace period, a standard repayment account, and the student remains in school through the expected graduation date. Actual rates and payment information may vary based on applicable terms. Citizens Bank reserves the right to modify interest rates at any time without notice.
, depending on the interest rate during the 45 month in-school period and the 6 month grace period. Such changes will only apply to applications taken after the effective date of change.