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Can you consolidate private and federal student loans?
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Private Student Loan Consolidation. Private student loans cannot, in general, be consolidated with federal student loans. The low interest rates on federal consolidation loans are not available to private education loans. So the main benefit of such a consolidation is obtaining a single monthly payment.
How to get student loans forgiven?
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The Public Service Loan Forgiveness (PSLF) Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.
What are Parent Student Loans?
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1 Answers
If you are the parent of an eligible undergraduate, you may be able to borrow a Parent PLUS loan to cover the remaining cost of attendance after the other financial aid kicks in.