Learn more about how to take advantage of both student loan discounts. The lifetime limit for this loan combined with all other education-related debt is 0,000.Calculate how to potentially pay less interest on your student loan: Student Loan Interest Calculator Calculate the monthly payments on your private student loans: Student Loan Repayment Calculator If you’re a borrower with little or no credit history, or you have limited income, a cosigner may help you to qualify for this loan and potentially receive a lower interest rate. Consolidation provides grads with the ability to combine their student loans into one megaloan, but it comes with drawbacks. Along with gaining a new degree, many graduates will also leave campus with new student loan payments they'll have to fit into their post-graduate budgets.
The cosigner doesn’t have to be a relative; he or she can be any adult who meets the eligibility requirements.
Refinancing usually also reduces your APR and the total interest you will pay over the life of your loans.
Although anyone with at least ,000 of student loans may be eligible to refinance, if you have of student debt and/or high interest rates on some or all of your loans, you should definitely consider refinancing.
Try our student loan refinance calculator to see how much you might be able to save by refinancing.
When you refinance your student loans, you apply for a new private student loan that will pay off all of your existing loans (private or federal).