This is a convenient method of managing multiple loan payments and interest rates.Many lending companies offer consolidation options. Fannie Mae student loans are one of the best student loans options for students looking for financing for their education, since the eligibility criteria is easy to fulfill, the interest rate is among the lowest on offer and repayment plan is flexible and convenient.
The first option you should explore is the federally administered student loans.
This was the over all interest rate of all the loans is combined and subsidized a bit if all the loans are from a state source.
There are a number of benefits that come with Fannie Mae Student Loan Consolidation.
In the present recession, Fannie Mae's loan deferment and loan forgiveness programs are making these loans the top choice of many students.
The best source of Cheap student loans is the federal student loan program, even though a number of private lenders too are now joining this league of cheap lenders.
You must choose which loan you apply for very carefully.