Sentences with phrase «while federal student loan consolidation»

While federal student loan consolidation simplifies the repayment process, it does not offer a reduction in aggregate interest rate, nor does it lower the total cost of borrowing.

Not exact matches

While federal direct consolidation is pretty straightforward, if you're interested in private student loan consolidation, or refinancing, it'll take a little more work.

While you can not consolidate federal and private student loans together into a Federal Direct Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loans tofederal and private student loans together into a Federal Direct Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loans toFederal Direct Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loConsolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loans tofederal loans are eligible for consolidation — you can refinance federal and private loconsolidation — you can refinance federal and private loans tofederal and private loans together.

While a defaulted student loan is hardly a recipe for getting approved on a new loan with a bank or other lender, the federal government does offer consolidation with a few caveats.

While federal direct consolidation is pretty straightforward, if you're interested in private student loan consolidation, or refinancing, it'll take a little more work.

While you can not consolidate federal and private student loans together into a Federal Direct Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loans tofederal and private student loans together into a Federal Direct Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loans toFederal Direct Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loConsolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loans tofederal loans are eligible for consolidation — you can refinance federal and private loconsolidation — you can refinance federal and private loans tofederal and private loans together.

Sofi is one of the few finance companies that offers debt consolidation programs while simultaneously refinancing student loans, whether they are federal or private loans.

The 15 - day standard is used for consolidation and regaining federal student aid eligibility, while the 20 - day standard is used for loan rehabilitation.

Additionally, private student loan refinancing accommodates both private student loans and federal student loans while federal consolidation accepts only federal loans.

If you are making payments on your federal student loans, talk to your loan holder about temporarily stopping them while your consolidation loan is processed.

While it's not possible to use the federal Direct loan consolidation program to combine your federal student loans with private loans, it is possible to combine private and federal student loans by refinancing them with a private lender.