Student loan consolidation will lower your fixed rate by 1.25% starting rates as low as 1.625% In essence, you refinance your college education debt.
IFAP - Student Financial Aid Handbooks Section 682.209(d) to (g). - REFINANCING TO COMBINE LOANS INTO A SINGLE PAYMENT. Insured Student Loans (FISLs), Federal Perkins Loans, PLUS loans
IFAP - Student Financial Aid Handbooks SectionNumber: 5 SectionTitle: Loan Refinancing and Consolidation PageNumbers: 51-56 Insured Student Loans FISLs), Federal Perkins Loans, PLUS loans