Consolidate Stafford Student Loans Debt

A study from the National Center for Education Statistics tells that roughly half of college alumni have an average student loan debt of $10,000 US. The average cost of a college education increases at two times the rate that inflation does. Public Universities are currently estimated to cost $13,000 a year, while private colleges and universities are estimated to cost $28,000 annually. These increasing costs of education leave both parents and students with increasing student loan debt.

How does stafford student loan consolidation help save money?By lowering your monthly payment and lowering your interest rate, which ultimately decreases the total loan principal and interest amount you pay over time.

How does college student loan debt consolidation actually work?When your student loans are consolidated, all of the outstanding balances of your existing student loans are paid off, with the total balance rolling over into one consolidated student loan. The end result is that you have only one FIXED RATE student loan to pay on.

Is stafford loan consolidation possible?Stafford Loan Consolidation is one of the most common student loan programs. Yes, It's possible and recommended that you use the best stafford loan consolidation companies. See list below.

What types of student loans are eligible for Federal student loan consolidation?
Stafford loan consolidation

Federal and Federal Direct Stafford Loan (subsidized and unsubsidized)
Federal and Federal Direct PLUS
Perkins Loans
Federal Perkins (formerly known as National Direct Student Loan or NDSL)
Nursing School Loan (NSL)
Health Professional Student Loan (HPSL)
SLS (Supplemental Loan for Students)
Loans for Disadvantaged Students (LDS)
Federal Insured Student Loan (FISL)
Federal Consolidation Loan
Federal Direct Consolidation Loan
Law School Loan Consolidation
Law Student Loan Consolidation
Medical School Loan Consolidation
Medical Student Loan Consolidation
All undergraduate, graduate, law medical and private student loans are also available for student loan debt consolidation.

Secure lower student loan rates.Under the provisions of the Higher Education Act borrowers may be eligible to lock in the lowest rates in the history of the Federal Student Consolidation Loan Program. After careful evaluation and research, we've listed only the best student loan consolidation companies and programs which provide secure service and some of the best loan consolidation deals out there.

My colleagues and I have contacted thee companies BELOW and found their customer service quite helpful. Here are some details on their programs:
Borrowers can consolidate and lock in to a low apr, as low as 4%
Lower payments by 60% or more
No application fees
There are no pre-payment penalties
Tax-deductible interest
There are NO credit checks or co-signers required
School Work considers the following to be the best Student Loan Consolidation Companies:
COLLEGIATE SOLUTIONS specializes in federal stafford student loan consolidation, law and medical school student loan consolidation and features extremely low interest rates. Consolidate and refinance federal stafford, PLUS, undergraduate loans, graduate loans, medical school loans and law student loan debt @ the lowest interest rate available online as low as 4%.
* Reduce monthly payments as much as 65%.
*Apply online and lock in to a fixed interest rate as low as 4.0%.
* No Credit Checks.* Free Dedicated Loan Counselors to maximize your savings' For details call 1-877-490-6639

- Interest rates as low as 0.25% + Prime.- No limit on consolidation amount. - No application fees.- Loan consultants to help you maximize your savings when consolidating private student loans.Call 1-888-816-LOAN (1-888-816-5626) or click here to consolidate private student loans with Wells Fargo - iStudentLoan.

iStudentLoanConsolidator - great customer service. Lowest interest rates. This is one of the oldest, most trusted online student loan consolidation companies. Consolidate federal stafford student loans online.

By refinancing and consolidating student loans you will have fewer bills and less paperwork as the new consolidation loan combines all of your student loans into ONE loan with several advantages such as:

Lower Interest Rates for "In-School" and "In-Grace" Student Loan ConsolidationWhich means borrowers who have a Direct Student Loan or FFELP loans in an "in-school" or "grace period" at the time their student loan consolidation application is received, may benefit from a lower fixed APR on the new Direct Consolidation Loan. NOTE: "In-school" student loan consolidation is only available with Federal Direct Consolidation Loans. Private student loans may not always qualify.

Possible tax deductions when consolidating federal stafford loans.
One Lender with a single monthly payment, with an option to receive an interest rate reduction if you enroll in "automatic payments" from your checking or debit card account.
CONSOLIDATION Q&A - Consolidating private student loans and federal loans

Q. Which companies offer student loan consolidation programs to consolidate student loans, and what type of loan consolidation programs do they offer?A. Sallie Mae - Federal consolidation ; Citi - Citibank Student Loan Corporation - Federal and Private loan consolidation ; Chela ; AES - AES ; Nellie Mae ; Bank of America ; Wells Fargo - Federal and private loan consolidation ; Key Bank - federal ; TERI - TERI Federal Guaranteed Loan consolidation ; Next Student - Next Student Loans ; US Bank - U.S. Bank Federal loans ; Educaid, Wachovia - Consolidating Federal stafford loans. As web pages are everchanging, the best way to locate each lender and their loan consolidation program is to SEARCH FOR THEM ON GOOGLE