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A quick student finance tip from iStudentLoan. It is important to note that
Federal loan consolidation programs are not the same as private
student loan consolidation. Currently there are no Federal
consolidation programs being
presented on this site.
Federal student loan consolidation involves consolidating only federal
based student loans such as Stafford, Perkins and other government based
loans taken out for college which were included in your financial aid
package after filing the FAFSA each year.
Private Student Loan
consolidation is much different than Federal loan consolidation
as you fall under Federal Consolidation guidelines and benefits,
while with private interest rates are higher and the companies
consolidate private student loans together, not including Federal
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