Consolidating to a

09-Sep-2018 16:07

Consolidated loans also cannot be unconsolidated because, after consolidation, the individual loans are considered “paid off” and no longer exist.

Consolidation can take place any time after the student has left school, graduated, or dropped below half-time enrollment.

This is particularly true for grad school borrowers who use unsubsidized Direct loans and Graduate PLUS loans to finance their education.

offer benefits and protections that do not transfer to private lenders.

Each of them may have different terms, including interest rates.

We’ve got you covered with our Student Loan Smarts blog series.

Our expert tips and hacks will help you save money, pay off loans sooner and stress less about student loan debt.

Read the other posts in the series here—and get all the info you need to make intelligent decisions about your student loans.

And while you’re at it, check out So Fi’s new Student Loan Debt Navigator tool to assess your student loan repayment options. With prevailing interest rates at historic lows, some private lenders offer rates that are significantly better than a high-rate federal loan.

Each of them may have different terms, including interest rates. We’ve got you covered with our Student Loan Smarts blog series.Our expert tips and hacks will help you save money, pay off loans sooner and stress less about student loan debt.Read the other posts in the series here—and get all the info you need to make intelligent decisions about your student loans.And while you’re at it, check out So Fi’s new Student Loan Debt Navigator tool to assess your student loan repayment options. With prevailing interest rates at historic lows, some private lenders offer rates that are significantly better than a high-rate federal loan.After 180 days, you will need to apply for a new Direct Consolidation Loan.