Consolidating federal loans sallie mae rutile u pb dating
You can complete and submit the application online, or you can download and print a paper application from Student for submission by U. The consolidation servicer will be your point of contact for any questions you may have related to your consolidation application.
Unless the loans you want to consolidate are in a deferment, forbearance, or grace period, it’s important for you to continue making payments on those loans until your consolidation servicer tells you that they have been paid off by your new Direct Consolidation Loan.
You can also lower your monthly payments by extending the term of your loan.
Many people are able to reduce their payment amounts by over 0 a month.
The result is a single monthly payment instead of multiple payments. Leaving out your Direct Loans or Perkins Loans will preserve the benefits on those loans.
It's important to pick a reputable lender that will not charge you any fees to refinance your loan.
It's also smart to select lenders that will offer payments terms that fit your unique situation.
To ask questions after you have submitted your , contact the servicer for your new Direct Consolidation Loan. mail, your consolidation servicer’s contact information was available when you downloaded or printed the paper application.
If you submitted your application online, your consolidation servicer’s contact information was provided at the end of the online process.