MORE ON BENEFITS

Lower monthly payments
By combining, or “consolidating”,  all of your student loans together, you only need to pay one loan every month instead of several; thus, your monthly payment is decreased.
Pay only one loan monthly instead of several student loans monthly
It’s much easier to manage one student loan instead of several with varying payment due dates. Furthermore, you might end up forgetting to pay just one student loan.
Low, fixed interest rate
By consolidating your student loans, you’ll be able to acquire advantages of low, fixed rates of interest. At this time, by law, student loan consolidation rates cannot go over 8.25%. In addition, national interest rates are at a 40-year low–a real great time to acquire a student loan consolidation.
No credit card check or processing fees
You won’t need to do a credit card check to complete a student loan consolidation application. The payment schedules/plans and terms/conditions are usually flexible because they can tailor it to your financial standing.
Make monthly student loan payment electronically
Whilst it’s not a requirement to make payment electronically, most loaners will subtract 0.25% off your student loan rates if you do your payments electronically. In addition, using debit from your bank account will prevent you from forgetting to make a payment.
Sometimes one can get quite confused as to the qualification of applying for a student loan consolidation. The government insists that students who are currently in their grace period, or who are still studying in school, might qualify for government student loan consolidation
The government student loan consolidation these days are competitive compared to private sector; henceforth, I’d recommend going for a government student loan consolidation. With so many benefits of getting a student loan consolidation, it is quite obvious to save money in the long run.