Not exact matches
Consolidation may also cause you to lose certain borrower
benefits — such
as interest rate discounts, principal rebates, or some
loan cancellation benefits — that are associated with your current
loans.
You may also lose
benefits on your original
loans, such
as interest discounts or
cancellation benefits.
You will also lose several important
benefits of the federal education
loans, such
as flexible repayment terms and generous
loan forgiveness and
cancellation provisions.
Also keep in mind that if you have a
loan that comes with certain borrower
benefits, such
as loan cancellation or interest rate discounts, you may lose these when you consolidate your
loans.
** By refinancing federal student
loans, you may lose certain borrower
benefits from your original
loans, such
as interest - rate discounts, principal rebates, or some
cancellation benefits that can significantly reduce the cost of repaying your
loans.
By consolidating your federal
loans, you may also lose certain borrower protections that only apply to specific federal
loans such
as interest rate discounts or
loan cancellation benefits.
Note:
As of Oct. 7, 1998, all Perkins
Loan borrowers are eligible for all cancellation benefits regardless of when the loan was made or the terms of the borrower's promissory n
Loan borrowers are eligible for all
cancellation benefits regardless of when the
loan was made or the terms of the borrower's promissory n
loan was made or the terms of the borrower's promissory note.
From the website, policyholders have the ability to view
benefits, file a claim, find policyholder service forms such
as conversion forms, beneficiary forms, change of ownership forms, policy change request forms and form to request a
loan / withdrawal or
cancellation.