A Borrower’s Guide to Direct Consolidation Loans

NO MINIMUM OR MAXIMUM LOAN AMOUNTS OR FEES. Direct Consolidation Loans do not exclude anyone based on the size of their loan debt!

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A Borrower\’s Guide to Direct Consolidation Loans
THE INTEREST RATES OF EACH LOAN THAT YOU WANT TO CONSOLIDATE
HOW MUCH YOU CAN AFFORD TO PAY EACH MONTH
HOW MUCH YOU’RE WILLING TO PAY OVER THE LONG TERM
HOW MANY PAYMENTS YOU HAVE LEFT ON YOUR LOANS
WHAT YOUR CURRENT LENDERS OFFER
NO MINIMUM OR MAXIMUM LOAN AMOUNTS OR FEES
ONE LENDER AND ONE MONTHLY PAYMENT
FLEXIBLE REPAYMENT OPTIONS
LOWER INTEREST RATE
GRACE PERIOD
A SECOND CHANCE FOR BORROWERS IN DEFAULT
WHAT IS THE INTEREST RATE?
WHO IS ELIGIBLE?
BORROWERS OUT OF SCHOOL
BORROWERS IN SCHOOL
To get answers to your questions about Direct Consolidation Loans
To get a Direct Consolidation Loan application package and help with completing the forms
Use the “interactive calculator” to compare
Apply on-line for a Direct Consolidation Loan

Download A Borrower's Guide to Direct Consolidation Loans pdf from www.loanconsolidation.ed.gov, 8 pages, 212.32KB.
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