CONSOLIDATING GRADUATE STUDENT LOANS

Best Online Student Consolidation Graduate Student Loans - Graduate students typically have special financial needs. You may have taken out scores of loans to finance your education over the years, which can include both undergraduate and graduate student loans.

And with the chance of deferment and grace periods expiring in close proximity to each other, you might be looking for a solution to help you manage your payments. Consolidate graduate school loans and you'll see that paying for your education is much easier than you thought it would be. Student Finance Domain can help you understand your options.

Now that you are facing the stress of dealing with the repayment of your student loans, you may want to opt for consolidation. Consolidating student loans can be tricky, and several factors need to be taken into consideration when making your decisions. But if you decide that the benefits of consolidation outweigh the drawbacks, you can find a way to make it work, whether you have federal or private loans.

There is a difference between consolidating federal and private loans. The most glaring difference is that, with a Federal Consolidation Loan, your interest rate is fixed in keeping with a federal formula, while private consolidation interest rates can be either fixed or variable. Variable means that the interest rate can increase at any moment. If you are consolidating both types of loans, you should make sure to keep them separate.

Repaying Your Student Loans

You may choose from three student loan repayment options to find the one that best fits your unique financial situation.

If you are interested in consolidating your graduate student loans, Goal Financial's Student Loan Consolidation Center can help. Here are just a few of the benefits they offer:

• Additional interest rate reductions available of up to 1.5 percent for auto-debit and timely repayment.
• Make one monthly student loan payment through one lender.
• Retain many of the pre-existing benefits available with your initial student loan, including deferment and forbearance options, and loan forgiveness in the event of death or full disability (may not apply to Federal Perkins loan).
• A trained staff provides the information you need to make an informed decision.
• Consolidating your federal student loans costs you nothing and can save you money every month.
• Deduct a portion of your consolidation loan interest on your federal income tax return, if you qualify. Visit the IRS Site for detailed information.