Article: An Overview Of Student Loan Debt Consolidation

An Overview Of Student Loan Debt Consolidation

A student loan debt consolidation loan allows you to combine your federal student loans into a single loan with one monthly payment. The repayments of a student loan debt consolidation loan can be significantly lower than the payment required under the standard 10-year repayment option. Under the Federal Family Education Loan (FFEL) Program, banks, secondary markets, credit unions, and other lenders provide the student loan debt consolidation loan. Under the William D. Ford Federal Direct Loan (Direct Loan) Program, the federal government provides the student loan debt consolidation loan.



Most federal education loans are eligible for inclusion in a student loan debt consolidation loan, including subsidized and unsubsidized Direct and FFEL Stafford Loans, SLS, Federal Perkin...
 

View Article:
An Overview Of Student Loan Debt Consolidation

Back To Articles Directory Listing Page

Home | Back To Articles Directory

Send your comments, Suggestions or Queries regarding this site at roseindia_net@yahoo.com.

Copyright © 2006. All rights reserved.