Before you choose to consolidate your loans, examine your situation carefully to determine if this is the best course of action.
This isn’t a solution that works well for everyone (even if you do have several different loans to manage).
Check with your school's financial aid office to be sure that the counseling available on this Web site satisfies its requirements for entrance counseling.
To complete Entrance Counseling as an undergraduate student or graduate/professional student, you will need: Financial Awareness Counseling provides tools and information to help you understand your financial aid and assist you in managing your finances. Department of Education has informed you that you have an adverse credit history and you have: Exit counseling provides important information you need to prepare to repay your federal student loan(s).
I would like your advice since I went back to college am 40yrs old now that I finished college.
The sheer amount of information and numbers can be difficult to track.
If you feel overwhelmed with managing your student loan debt, don’t panic. One way to make student loans more manageable is through consolidation.
The FSA IDserves as your identifier to let you access your personal information in various U. If you complete entrance counseling to borrow a loan as an , the entrance counseling fulfills counseling requirements for Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans.
Your school may have alternate entrance counseling requirements.