When it comes to student loans, you deserve to know all your options.

Dealing with multiple student loan payments is a hassle, so consolidating them into one loan, with a fixed interest rate and a single monthly payment seems like a quick and convenient fix. And it can be — in some cases.

But there’s a lot you need to consider before initiating student loan consolidation. For example:

  • Paying a different interest rate.
  • Paying more over the long term.
  • Your grace period.
  • Loss of certain federal student loan benefits.
  • Direct Parent PLUS loans are not eligible to be combined into a consolidation loan under the Pay As You Earn or Income-Based Repayment (IBR) plans. However, they are eligible for an Income-Contingent Repayment (ICR) plan.

Don’t worry. You’re not alone! We can help you decide if student loan consolidation is right for you so you can feel confident in your decision.

Our highly trained, NFCC-certified student loan experts can help you explore student loan consolidation, along with all the other options that may be available to you. They will also help you select the best repayment plan for your situation and assist with plan enrollment and paperwork. Don’t stress. We’ve got your back!

Call 866-822-9981 or schedule a call at a time that’s convenient for you by filling out the form above.