consolidating sallie mae loans and direct loans - Consolidating graduate school loans

Our expert tips and hacks will help you save money, pay off loans sooner and stress less about student loan debt.

If you refinance your Direct Loans with a private loan, you will lose the deferment, forbearance, forgiveness and cancellation provisions of the Direct Loan and PLUS programs.

The nice thing about these options is that you don’t have to choose one or the other.

When it comes to choosing to consolidate, refi, or both, ask yourself: What are you hoping to achieve?

As with most things, there are pros and cons to each option. Our website is packed with resources to help you make informed decisions about your student loans.

When people refinance, they take out a new loan to pay off several student loans. Not only can this process simplify your payments, but you may also lock in a lower interest rate and increase your repayment term options.