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If you choose to consolidate while you are still in school or during your grace period, you will lose any remaining grace period on the loans that you are consolidating, and you will begin making payments approximately 30-45 days after your loan is disbursed.
A repayment period is the period of time during which scheduled payments are required to be made to repay the principal balance and interest on a loan.
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Please continue making your monthly payments until we notify you that your consolidation loan has disbursed.
A private consolidation loan is a private student loan that combines and refinances multiple education loans into one new loan with a new interest rate, repayment term and monthly payment amount.
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