Federal loan consolidation

Dru2k5
Thu, 30 Jun 2005 04:52:45 +0000

ok i’m not 100% sure but I called around it seems as if students are not able to complete the application for loans until after enrollment (sometime in august). since interest rates are set to double after july 1st, we are basically screwed. (not really) it just means we’ll owe like 80+ dollars more or something per year.

consolidation are for students who already have previous loans. they are combining their loans and receiving a low interest rate because july 1st everything goes up.

i hope i’m right?!?1