Should i consolidate my undergrad loans now or wait for my grad loans, then consolidate?
I used to be a student loan specialist. I suggest you consolidate now, since the Feds cut interests this January. When you go back to grad school, you can request for an educational deferrment. With consolidation you must have at least $10,000 in federal student loans to consolidate. Followed these directives: If you have $10,000 or more of unsubsidized loans, consolidate those now into one big loan, then claim deferrment due to going back to school. As for your subsidized loans, I suggest you not consolidate those, since those loans carry no interest even when it is in deferrment. However, once it is consolidated you lose that right, given by the government. SO IN OTHER WORDS, GET THESE LOANS IN DEFERRMENT, by contacting the department of education or that loan servicer. When you graduate from GRADUATE SCHOOL, then you can consolidate it with the rest of the loans. If your subsidized loans is not greater than $10,000, then I suggest you consolidate both the sub and the unsub.
I used to be a student loan specialist. I suggest you consolidate now, since the Feds cut interests this January. When you go back to grad school, you can request for an educational deferrment. With consolidation you must have at least $10,000 in federal student loans to consolidate. Followed these directives: If you have $10,000 or more of unsubsidized loans, consolidate those now into one big loan, then claim deferrment due to going back to school. As for your subsidized loans, I suggest you not consolidate those, since those loans carry no interest even when it is in deferrment. However, once it is consolidated you lose that right, given by the government. SO IN OTHER WORDS, GET THESE LOANS IN DEFERRMENT, by contacting the department of education or that loan servicer. When you graduate from GRADUATE SCHOOL, then you can consolidate it with the rest of the loans. If your subsidized loans is not greater than $10,000, then I suggest you consolidate both the sub and the unsub. Then cla
