Consolidating subsidized and unsubsidized student loans
e Student Loan provides resources to help you understand everything you need to know about student loans for college.Explore our site, and when you are ready, find a loan that's right for you by clicking below.Unlike private loans, you typically do not have to repay any of these loans while you’re enrolled in school, and you do not need to have a good credit history to receive this type of loan.
This is often the reason that people cite when they say you shouldn’t combine federal and private loans.
With these types of loans, the lender is the United States Department of Education. If you can demonstrate exceptional financial need, you may qualify for a Federal Perkins Loan. Visit the Free Application for Federal Student Aid (FAFSA) website to begin. Priority is given to students who apply by March 1 of each year, so start the application early.
If you have bad credit, a federal student loan is the best way to get a student loan without having a cosigner. Watch this short video to help you get started right now.
But before you dismiss the idea of refinancing, you should first take a look to see if any of these benefits apply to you.
For example, under the Public Service Loan Forgiveness Program (PSLFP), your Direct Loan balance may be eligible for forgiveness after 120 payments if you’ve worked in the public sector that entire time.