• Have a fixed interest rate
  
• One lower payment to one lender
• Be eligible for deferment,forbearance and even possible loan forgiveness programs

• In deferment your servicer allows you to temporarily stop making payments on the principal and interest of your loan sometimes can last up to 1-3 years depending on your situation and type of loan. For certain federal loans, the government pays the interest on your loan during that period. For unsubsidized or PLUS loans, you are responsible for paying the interest at accrues during the deferment. If you don’t pay the interest on your loan during deferment, it may be capitalized.
  

• If you don’t qualify for deferment your servicer may grant you a forbearance allowing you to stop making payments or reduce your payment for up to 12 months. Interest will continue to accrue on loans.
  

Under the Health Care and Education Reconciliation Act of 2010 and the William D. Ford Federal Direct Loan Programs, the Federal government, through the department of Education, has outlined guidelines and programs to help student loan borrowers consolidate their student loans to make payments affordable.

Student Dox Prep has train certified specialist available to give you a free, no cost or obligation consultation. We can review your situation to see which programs you qualify for and which will benefit you best.