Do I want to consolidate my Federal Perkins loan with my Federal Direct Stafford Loans?
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For those of you who are consolidating, you know that the Federal Stafford Loan interested rate as of July 1, 2006 will be 6.80% and the current interest rate for this loan type is 4.7% variable. I am wondering if I should consolidate my Federal Perkins loan even though the interest rate is 5.0% fixed. I am not interested in the Loan Forgiveness stuff that comes with the Perkins loan. I just want to know whether or not to consolidate the Perkins Loan for a lower interest rate on it. Or will I get a higher interest rate on it since only the Federal Direct Stafford/Ford Loans are experiencing an increase in the interest rate. Prompt responses very appreciated! I have until June 30, 2006 to consolidate!!!
Do I want to consolidate my Federal Perkins loan with my Federal Direct Stafford Loans?Hey here's a whole blog filled with tons of useful information regarding federal loan consolidation and student loans. All kinds of info there, hope it helps:) http://federal-loan-consolidate.blogspot...
Do I want to consolidate my Federal Perkins loan with my Federal Direct Stafford Loans?Have a look here.
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