Consultation with the financial-aid office: Various student loan programs have interesting options for debt clearance. For example, in case of Perkins Loans, one can reduce the loan amount by doing some community service for certain number of hours. Also, physically challenged students have separate concessions. All this information is available with the financial-aid officer in your school. One needs to have a financial counseling with the officer before opting for consolidation. the student loan consolidation service Private loans come at a higher interest rate and do not carry the same type of benefits like a federal loan. Hence, consolidating a private loan with a federal loan would increase the overall interest on the loan.
Student Loan Consolidation Advice
June 29th, 2009 | Business