Consolidation can assist you with managing your student loan debt. It allows you to combine multiple student loans together, resulting in one loan payment and one loan with the William D. Ford Federal Direct Loan Program.
Determine which loans you can consolidate.
Understand consolidation repayment terms.
Estimate your monthly payments, principal, and interest.
Weigh the pros and cons.
Apply for consolidation.
Solve your loan repayment problems.
Investigate cancellation, forgiveness, and discharge.
Avoid delinquency and default.