Consolidating federal grad plus loans
According to Student Aid.gov, the following types of student loans are eligible for consolidation: • Direct Subsidized Loans • Direct Unsubsidized Loans • Subsidized Federal Stafford Loans • Unsubsidized Federal Stafford Loans • Direct PLUS Loans • PLUS Loans from the FFEL Program • Supplemental Loans for Students (SLS) • Federal Perkins Loans • Federal Nursing Loans • Health Education Assistance Loans • Some previous consolidation loans When you The interest rate will also be fixed at the current Federal Direct loan rate.
You are eligible for any “Direct” repayment plan – and you can setup a timeline from 10 to 30 years to pay back the loan.
If you want to combine your private student loans together into one payment, you have to refinance your student loans.
One of the biggest myths when it comes to student loans is whether you can consolidate your Federal and private student loans. Well, since 2014, you can actually refinance and consolidate both your Federal and private student loans into a single loan with many private lenders.
Think about it: you just graduated from college with about five different student loans. However, there are times when combining all of your loans (both Federal and private) makes sense, and there are times when it may not.
You can remit completed forms to our office by mail, email or fax at 1-508-793-8802.
To access the information you need please click on the appropriate links below.
Three of them are Federal student loans and two of them are private. Here is what you need to know about consolidating and refinancing your Federal and private student loans together.