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As part of the process, you’ll need to provide details about your existing federal student loans, and choose a federal loan servicer and repayment plan for your new consolidation loan.You have to complete the application in a single session, so do your research before you start. You can consolidate all your federal loans or just some of them.In addition to streamlining your debts into a single payment, a debt consolidation loan may also offer you an interest rate that is lower than that charged by your creditors saving you money in interest charges.This option can be especially attractive if you have outstanding debts at a relatively high rate of interest (for example, those charged on some retail store cards or credit cards).You must ask your financial institution for a loan equal to the amount of your total outstanding debts that are currently due.In most cases, the financial institution will settle all the debts for you and, in return, the only monthly payment you will have to make will be to them.Federal student loan consolidation basics How to consolidate federal student loans Benefits of federal consolidation Drawbacks of federal consolidation Private student loan consolidation (student loan refinancing) When you consolidate federal loans, the government pays them off and replaces them with a direct consolidation loan.You’re generally eligible once you graduate, leave school or drop below half-time enrollment.

Additionally, you’ll get a new loan term ranging from 10 to 30 years.With CCH Tagetik financial reporting and analytics, its easy to create, share, access and distribute reports - on the web, on a mobile device or through familiar Microsoft tools such as Word, Excel, Power Point and Share Point.Best served for mid to enterprise-sized organizations, companies spend less time creating reports and validating source data, and heighten focus on generating insights and identifying strategic opportunities for business growth.Learn more about CCH Tagetik Performance management solution that provides a collaborative, unified approach to financial, regulatory and narrative reporting.Learn more about CCH Tagetik Improve the reporting process so you can spend more time analyzing data, and less time manually pulling it together or checking for errors.

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Consolidating funds in a schoolwide program allows a school to combine their financial resources as a single “pool” of funds.

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