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Frequently Asked Questions (FAQs) pertaining to Student Loan Consolidation, and their answers in brief are presented below:

  • What is a Federal Consolidation Loan?
  • Is Student Loan Consolidation a reliable system or a scam?
  • What is the minimum balance which should result after the consolidation of loans?
  • Which are the eligible loans to be consolidated?
  • Is a bad credit report an impediment to consolidation of loans?
  • Will consolidation involve any credit appraisal or check?
  • What will be the new interest rate?
  • What will be the general repayment period?
  • What is grace period?
  • Will it be possible to consolidate loans while one is still studying?
  • Will I be allowed to prepay the consolidated loan?

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