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2. Pros and cons of consolidating student loans

   www.aol.com/finance/pros-cons-consolidating...

   Consolidating student loans is a smart step for many federal borrowers; here are a few of the advantages: Potentially lower monthly payments: Direct Consolidation Loans have a repayment timeline ...

3. The deadline to consolidate some student loans to receive ...

   www.aol.com/news/deadline-consolidate-student...

   April 30, 2024 at 9:32 AM. NEW YORK (AP) — Borrowers with some types of federal student loans have until today to consolidate their loans to qualify for full student loan cancellation or credit ...

4. Tuesday is the deadline to consolidate loans for student loan ...

   www.aol.com/tuesday-deadline-consolidate-loans...

   Borrowers have until midnight to combine multiple student loans into one loan with a fixed interest rate requiring one payment per month. The new loan is known as a Direct Consolidation Loan.

5. The deadline to consolidate some student loans to receive ...

   lite.aol.com/news/world/story/0001/20240430/...

   If you have multiple federal student loans, you can combine them into one loan with fixed interest. If you decide to consolidate your loans into a Direct Consolidation Loan, you can do so for free. Once you have consolidated your loans, you will have one monthly payment instead of multiple payments a month.

6. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

7. Federal student loan consolidation - Wikipedia

   en.wikipedia.org/wiki/Federal_student_loan...

   The fixed interest rate is calculated as the weighted average of the interest rates of the loans being consolidated, assigning relative weights according to the amounts borrowed, rounded up to the nearest 0.125%, and capped at 8.25%. Some features of the original consolidated loans, such as postgraduation grace periods and special forgiveness ...