Combine your existing student loans into 1 new loan - online.

Example: If your loans total $50,000, go from $584 a month before to $276
after-a monthly savings of $308 a month to you.

  • Fill out the entire form below for fastest service
  • You may be able to defer payments for 1 to 3 years
POLL: Should Student Loan Debt Be Waived By The Government? (scroll to bottom to vote and see results)

Why now?

Student loans are just about the lower interest loans you will ever have so it makes sense to have the lowest fixed rate and payment for the remaining loan term.  Using this online form, you can accomplish with convenience,
service and savings.

Here are some other benefits you'll see when you fill out the form above.

  • Lower Monthly Payments up to 53%
  • Secure a fixed interest rate as low as 6.625%
  • Defer payments up to 3 years
  • Cut your interest rate another .6% by consolidating during your grace period*
  • Make only one monthly payment.
  • Flexible repayment plans
  • Pay no penalty for early repayment
  • No credit check, no co-signers needed and no fees

Can you start now?

You can do this anytime after you finish school or once your loans go into a grace or repayment period. Use the application above to enter your loan information and quickly access your new consolidation interest rate and repayment plan options. If you like what you see, you can e-sign your application. It's that easy.

* Grace discount applies to loans taken out prior to July 1, 2006.

How Student Loan Consolidation Works

You may or may have not heard about student loan consolidation. What is it, and why is it important?

With monetary problems hounding families these days, a student loan is probably one of the best solutions to come around. But there might come a day when all your student loans aren’t paid on time for some reason, and you’re left with no choice but to file for bankruptcy, right?

Then again, there’s student loan consolidation. This means putting together all your current student loans into a single loan with one lender and one repayment plan. Basically, the balances of your existing student loans are paid off, with the total balance turned into one consolidated plan. You then have the convenience of paying only one loan with one fixed interest rate, rather than multiple loans with varying interest rates.

Aside from that, the amount you pay for the consolidated loan is probably much lower than that of your unconsolidated loans. The new interest rate is calculated by averaging the interest rate of all the former loans, then rounding up to the next one-eighth of one percent. The maximum interest rate is 8.25 percent. With student loan consolidation, you can reduce monthly payments by up to 54 percent!

There are many ways to get a student loan consolidation. If all your loans are done with one lender, you must consolidate with them. Otherwise, a loan company with consolidation plans such as InstantLoanSearch.com is the way to go.

You can apply for a student loan consolidation any time during your grace period of six months, or after you have started repaying your loans. This can get you an even lower interest rate. The consolidation process takes about 30-45 days, which is plenty of time to save up money to start your first payment.

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Should Student Loan Debt Be Waived By The Government?
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