To apply for a consolidation, you will need to speak with
your federal student loan provider.
Not exact matches
The ability to make a payment towards
loans while in school has been available for both
federal and private
loans, but generally not promoted by private
student loan providers, with most
student borrowers electing to defer
loan payments until after graduation.
For details, please contact your
loan provider directly or visit the
Federal Student Aid website.
It's advised for
students to continue making payments while their discharge paperwork is being processed, until they've been notified by the
federal government or their
loan provider that the
loans have been canceled or are in forbearance for the time being.
Most notably,
students now receive their
Federal Stafford and PLUS
Loans directly from the Department of Education, relegating banks and credit unions to serving only as providers of private (or alternative) student l
Loans directly from the Department of Education, relegating banks and credit unions to serving only as
providers of private (or alternative)
student loansloans.
Although
loan providers use a multitude of marketing strategies to attract potential clients, it is important to realize that only the government offers
federal student loan and debt relief programs.
If you think someone is targeting you for a
student loan consolidation scam, speak with your
loan provider and alert the
Federal Trade Commission right away.
Private
student loan providers generally do not offer this cash flow management option, which is available to borrowers of
federal student loans.
When you consolidate your
Federal student loans, you get to pick your
loan provider.
I frequently ask myself how I got so far in debt, here is what I have concluded: The cost of college is extreme, the
Federal government and private
student loan providers determined what they could charge me.
Whether you have
federal or private
student loans, the
loan provider should be able to tell you how much you owe, what your current interest rate is, and how much that amounts to every month, for so many month.
The ability to make a payment towards
loans while in school has been available for both
federal and private
loans, but generally not promoted by private
student loan providers, with most
student borrowers electing to defer
loan payments until after graduation.