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Student Loan Consolidation
Student Loan Consolidation is not just for students! Parents who have borrowed money for their children’s education are also eligible for a loan consolidation.
You are only allowed to consolidate your student loans once in the United States, so shop around and make an educated decision before committing yourself.
Your school can help you by offering debt or credit counseling. They can also offer loan consolidation counseling. It is also your school’s job to help you obtain any needed paperwork. Your school can help you assess your account and solve any accounting errors there might have been.
American Students
In the United States, there is a Federal Loan Consolidation program for students. There also many private firms that offer Student Loan Consolidation through the federally sanctioned program, such as banks and credit unions.
Canadian Students
Some resources for Canadian students to explore include National Credit Counselling and the National Student Loans Service Centre. Canadian student can similarly choose to consolidate their loans at a bank or credit union.
