Thursday, 10 September 2009

Graduate Student Loan Consolidation and the rates...

According to US DOE regulations, graduate student loan consolidation rate will be a fixed rate equal to a weighted average of the interest rates on your existing loans rounded up to the nearest one-eighth of one percent.

Consolidations done during the loan grace period will be based on a weighted average of the in-school interest rates, which are generally lower.

No comments:

Post a Comment