Sentences with phrase «federal student loan consolidation simplifies»

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

Although the Department of Education allows borrowers to consolidate multiple federal student loans into a single loan to simplify monthly payments, federal loan consolidation does not provide borrowers with a lower interest rate.

As with federal student loan consolidation, you should consider refinancing with a private lender if you want to simplify your monthly payments.

Typically, student loan consolidation doesn't save you money, but it simplifies your payments into a single monthly payment, and you get to keep all of the benefits that come with having federal student loans, such as income driven repayment plans and loan forgiveness.

If you currently have federal student loans that are with different loan servicers, consolidation can greatly simplify loan repayment by giving you a single loan with just one monthly bill.

Consolidation loans allow borrowers to combine different types of federal student loans to simplify repayment.

Federal student loan consolidation provides a way to simplify repayment.

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You can also consider federal loan consolidation or student loan refinancing to simplify your payments and gather all your loans in one place.