School Loan Debt Consolidation Before Graduation

You can make certain you will get the best repayment terms and lowest interest rates available for your school loan debt consolidation if you get some of your homework done before you graduate. The federal student loan guidelines stipulate that student loan debt cannot be consolidated if the borrower is attending school full time, or more than half time.

School Loan Debt Consolidation Before Graduation

Experts recommend that students don't wait until graduation before obtaining the information they need to consolidate their federal student loan debt. While signing and processing the repayment agreement has to wait until graduation, important steps to take ahead of time include researching, finding, and speaking with a number of consolidation lenders to compare the range of repayment agreements available, and to obtain the best interest rates quotes that will keep your monthly student loan debt consolidation payment as low as possible. 

Doing your research prior to graduation will also give you time to determine the best consolidation plan for your needs - such as extending your repayment or arranging for an income or need-based student loan debt consolidation repayment agreement.


Need a Student Loan? Click here!