student loan consolidation

student loan consolidation vs refinancing

2025 Comparison: Student Loan Consolidation vs. Refinancing, Which Saves More?

Understanding student loan consolidation vs refinancing is essential for managing multiple loans efficiently. While both options simplify repayment, they differ in eligibility, interest rates, and federal protections. In this guide, you’ll learn the differences, benefits, and potential drawbacks of each strategy so you can make an informed decision. Key Takeaways Consolidation combines federal loans into […]

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Difference between student loan consolidation vs refinancing: which saves more interest

Choosing between student loan consolidation vs refinancing can make a big difference in how much interest you pay over time. While both strategies simplify debt repayment, they serve different purposes—and understanding these distinctions can help you maximize savings and maintain financial flexibility. This article explains how each option works, compares potential interest savings, and provides

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A 3D figure holds a red marker, writing the word "CONSOLIDATE" with a red underline on a white background, implying a clear strategy for managing student loans.

What Student Loans Are Eligible for Consolidation?

In order to qualify for direct consolidation loans, you must have at least one direct loan or Federal Family Education Loan (FFEL) Program loan that is in grace, repayment, deferment, or default status. If you are currently enrolled in school, you can no longer consolidate your loans. This is because your loans will be defined

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