For Recent Graduates

— Consolidating Your Student Loans —

If you are a recent graduate with multiple student loans, you should take advantage of the federal student loan consolidation program. For more information:

Why consolidate your student loans:

  • get single billing:
    if you have multiple student loans (meaning that you borrowed money each academic year), you will have different repayment terms and due dates. You may have multiple payments that you need to make each month.

    By consolidating your student loans, you end up with one, single payment each month.

  • reduce payments:
    you can consolidate your student loans under repayment terms that meet your budget. By extending your term to 20-30 years, you can drop your existing payment by half. That puts extra money in your pocket for those other important needs.

  • lock-in fixed rates:
    some of your current student loans may have variable rates that can go up or down each year. You can lock-in a low, fixed rate by consolidating your student loans.

  • expect no penalties:
    you can prepay your consolidated student loan anytime you like. There are no prepayment penalties of any kind.

    for more information:
    link to our affiliated site to consolidate your student loans. Use our quick calculator to estimate how much you can reduce your monthly payment: click here for more information


Money You Need for College
use our "College Money Map " to find the aid money you need.