ERIC Number: ED479150
Record Type: Non-Journal
Publication Date: 2003
Reference Count: N/A
Student Loans Driving You Crazy? A Borrower's Guide to Direct Consolidation Loans.
Office of Federal Student Aid (ED), Washington, DC.
This booklet describes the Direct Consolidation Loan program students can use to combine one or more student loans into a new loan. Things to consider before seeking a consolidation loan are outlined. Direct consolidation loans offer a number of advantages; they are free, result in one lender and one monthly payment, and offer flexible repayment options with the possibility of a lower interest rate. Eligibility requirements are described, and a list of eligible loan types and those that are not eligible is provided. (SLD)
Publication Type: Guides - Non-Classroom
Education Level: N/A
Authoring Institution: Office of Federal Student Aid (ED), Washington, DC.