If you have just graduated you can apply now and lock in the lower in-grace interest rate. When you apply for a Federal Student Loan Consolidation during your grace period, your interest rate will be locked in at a fixed rate .60% LESS than the repayment rate (applies to loans disbursed on or before June 30, 2006). Your student loan consolidation application will be held and not processed until just prior to your grace expiration date.
Make the Intelligent Financial Move. Apply Now, RELAX and Enjoy Your Grace Period!
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