Are your monthly loan payments manageable?
If you are have difficulties making your monthly student loan payments every month and are facing default, you can try to exhaust all of your options with forbearance and deferment. However, your best bet might be to consider consolidating your loans.
Will I benefit from consolidating my loans?
In most cases, a loan consolidation will lower your overall monthly payment. Borrowers have the option of choosing from numerous repayment plans to repay their student loans. Most of these plans are designed to be flexible enough to meet the ever evolving needs of the loan borrower.
Am I eligible for loan consolidation?
Federal programs were created to help anyone who has a federal student loan. All
programs are based on family size and income and each case is different. Don't worry, we are here to help you find and understand the best program for you. If you are current or behind on your payments, we can help you!
When am I eligible to consolidate my loans?
You are eligible to consolidate your loans after you have finished full-time enrollment in school, such as graduating, leaving school, or dropping to part-time enrollment in school. Essentially, as soon as you are required to start repayment or you are in the grace period, you are eligible for loan consolidation.