When you consolidate student loans, you can lock in low, fixed interest rates, reduce monthly payments, and/or lengthen the amount of time you have to repay the loan.

Student loan forgiveness is available depending on eligibility, while going through the process of consolidating students loans increase the amount of repayment options, offering students more realistic and even improved payment terms.

By lowering your interest rate, less additional money will be added to your total balance each month, ultimately saving you money!

Most lenders also allow you to refinance and consolidate multiple loans into one, making repayment much more manageable.

Graduate students, medical students and law students are carrying much more.

Consolidation loans have become common practice for both Federal and private student loan holders.