If you are graduating and entering repayment on your Federal Stafford and/or Perkins loans, or if you have already entered into repayment, a Consolidation Loan can help ease the burden of loan payments. Loan consolidation provides many positive benefits such as low fixed interest rates, a longer repayment period, and a single monthly payment to one lender. These benefits often allow recent graduates to begin paying off their loans without placing an undo burden on their entry into the job market. However, depending on your specific circumstances, a consolidation loan may or may not be right for you.
To consolidation your Stafford loans go to www.studentloans.gov
To find helpful financial counseling information go to www.smu.edu/financial_aid/HelpfulFinancialCounseling.asp