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Mar 1 2020

#Federal student loans ^ #Video

#Federal #student #loans Federal student loans ******* How to Consolidate and Refinance Your Student Loans There are two types of student loan consolidation: federal and private. Private consolidation is often referred to as refinancing. These processes are often confused, but they’re very different. Here’s how: Federal student loan consolidation is a logistical move you do through the Department of Education. You may need to consolidate to be eligible for some federal loan repayment programs, but federal consolidation won’t lower your interest rate. It may lower your payments by extending them. Student loan refinancing, which is also called private student loan …