Consolidating stafford and perkins loans

Some features of the original consolidated loans, such as postgraduation grace periods and special forgiveness circumstances, are not carried over into the consolidation loan, and consolidation loans are not universally suitable for all debtors.

The Federal Loan Consolidation Program was created in 1986.

Borrowers employed in public service jobs that have a high level of income and a low level of debt may not benefit from this Public Service Loan Forgiveness Plan.

Some loans are always ineligible for consolidation.

Graduate School Federal Loan Consolidation Graduate School Private Loan Consolidation News and Resources Forms Articles Private Tuition Loan Government Relations Financial Aid Professionals Directory of Schools Calculators About Us Contact Us FAQ Site Map Graduate School Federal Loan Consolidation with Graduate School Loans A Graduate School Loans Federal Loan Consolidation offers many great benefits.

The Direct loans are being serviced by Great Lakes, and until I call them I don't know what the payment(s).

The Stafford loans are being serviced by American Education Services who have split these loans into 3 payments totaling 8 per month on the standard payment plan.

You'll pay less interest over the life of the loan.

Select 2/Graduated: With the Select 2/Graduated Repayment Plan, you'll be making interest-only payments for the first two years of the loan.