Sentences with phrase «federal and private student loans together»

You can consolidate both your federal and private student loans together with a private lender such as a bank or credit union.

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 together.

Here is what you need to know about consolidating and refinancing your Federal and private student loans together.

With a successful refinance loan application, you can consolidate both federal and private student loans together, and you'll receive a new interest rate and repayment term.

If you want to combine your Federal and private student loans together, you have to do it through a private lender.

You can not consolidate federal and private student loans together into a Federal Direct Consolidation Loan.

SoFi also was the first company to refinance federal and private student loans together in 2011.

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 together.

You can not consolidate federal and private student loans together into a Federal Direct Consolidation Loan.

Not exact matches

It is possible to refinance and consolidate both private and federal student loans together or multiple of each type together.

If you have a mix of both private and federal student loans, you can refinance them together with a private lender, even if you have private loans from multiple lenders.

This is because federal student loans come with certain borrower benefits that you would lose if you chose to refinance federal and private loans together.

The private consolidation option, often dubbed student loan refinancing, takes all of your loans (private or federal) and lumps them together, extends the repayment term, and offers an interest rate based on your creditworthiness.

Both private student loans and federal loans can be consolidated separately, but private loans and federal loans can not be consolidated together.

Conversely, if you want to cons olidate private student loans or private and federal loans together, then your only option is private student loan consolidation / refinancing.

This is because federal student loans come with certain borrower benefits that you would lose if you chose to refinance federal and private loans together.

If you have a mix of both private and federal student loans, you can refinance them together with a private lender, even if you have private loans from multiple lenders.

«We are bringing together 90 years of industry experience, including providing outstanding service to federal and private student loan borrowers, lenders, and schools,» Jeff Noordhoek, Nelnet chief executive officer, said Thursday in a press release.

However, if borrowers consolidate both private and federal student loans together, they will lose the benefits of federal student loans, such as income - based repayment options, deferral, loan forgiveness and more.

First off, both federal and private student loans can be refinanced and consolidated together.

It is possible to refinance and consolidate both private and federal student loans together or multiple of each type together.

You can also choose to refinance your federal student loans together with your private loans, but you should be aware that you will lose certain protections and benefits that your federal student loans have if you refinance them with your private loans.

These are not usually recommended since they consolidate public and government student loan debt together, therefore taking tax money into the private sector and making it less reliant on federal rules and regulations.