Consolidating all student loans

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To qualify, you must have at least one loan in that is in the grace period of in repayment.

Especially so when you have your loans scattered between different student loan servicers.

It's not unheard of for graduates to end up with 5-6 different student loans, sometimes at different loan companies.

Your interest rate will be the weighted average of all the loans you consolidated (rounded up to the nearest 1/8 percent), and your payment should also equal the sum of all your individual payments.

Because remember, student loan consolidation is about convenience in paying multiple loans – nothing else.

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