Start Consolidating graduate school student loans

Consolidating graduate school student loans

We’ve got you covered with our Student Loan Smarts blog series.

Additionally, you’ll get a new loan term ranging from 10 to 30 years.

If you choose an income-driven plan, you’ll be asked to provide income information on the application by granting access to your IRS tax information.

You can opt out, but you’ll have to submit a copy of your most recent federal tax return directly to your loan servicer after you finish the consolidation application.

As part of the process, you’ll need to provide details about your existing federal student loans, and choose a federal loan servicer and repayment plan for your new consolidation loan.

You have to complete the application in a single session, so do your research before you start.

The remainder of the application involves filling in basic personal information and providing names of two references who have known you for at least three years.

After you review, sign and submit your application, continue making payments on your existing federal loans until your application has been processed.

Read the other posts in the series here—and get all the info you need to make intelligent decisions about your student loans.