TIP: Private school loan consolidation is different than federal as private loans are credit based while federal are not. Applicants should take their time and review their application and it's terms and conditions carefully.

TIP: Consolidating school loans during your grace period may qualify you for an interest rate deduction. On July 1 of each year rates traditionally change.

August 2008 top student loan consolidation company pick:

1. Student Loan Headquarters - private school loan consolidation offers from multiple companies. Fill out one secure, no obligation form. Fast service. Consolidate your existing loans for as low as 4.5%. 

2. US Department of Education - Federal College loan consolidation. Low rates. Possibly Reduce payments. See: loanconsolidation.ed.gov
 

Student loans have a way of taking over a borrower’s life. The longer you study, the more complex and increased the loans can become. A good way to get a handle on those loans and take control of your financial future is through a school loan consolidation program. Note: find school loan info for new school loans

For all intent and purposes, school loan consolidation programs are beneficial all the way around. Consolidation can reduce your monthly payments and streamline the repayment process. Once your student loans are consolidated, you no longer have to fret over numerous payments with different due dates. When consolidating, you can also capture your debt into a fixed interest rate that is usually smaller then what your original loans were financed at. Read more about consolidating school loans...