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Private Student Loan Consolidation
Private student loan consolidation is a great way to significantly lower your monthly loan payments by combining all your private student loans into one manageable loan.
Get The Lowest Rate Possible - Apply With A Co-Signer
Applying with a qualified co-signer can greatly increase your chances for approval. A co-signer with great credit could help you get a better interest rate.
Apply Online – Pre-approval decision within minutes
Here's a chart showing your savings if you consolidate your undergraduate loans:
| Loan Amount | Assumed Current Payment* | Initial Monthly Payment** | Monthly Savings | Annual Savings |
|---|---|---|---|---|
| $30,000.00 | $269.00 | $208.22 | $60.78 | $729.36 |
| $50,000.00 | $448.33 | $347.20 | $101.13 | $1,213.51 |
| $75,000.00 | $672.49 | $520.55 | $151.94 | $1,823.28 |
| $100,000.00 | $896.65 | $694.07 | $202.58 | $2,430.96 |
**Assuming extended term of 25 years at same rate of 6.8%
View an example of Graduate Loan Consolidation
Apply Online - Take Advantage of Lower Monthly Payments
Other Benefits of Private Student Loan Consolidation:
- Lower Monthly Payments: Most borrowers can reduce their monthly payment by extending the repayment term of their private student loan debt.
- Reduced Interest Rates: Borrowers with improved credit may often lower their interest rate. Existing loan holders will not reduce your interest rate if your credit has improved.
- Rate Reductions: Borrowers may apply on their own or with a credit-worthy co-signer. Borrower and Co-signers with superior credit may receive lower APR loans.
- Internship/Residency & Military Deferment: A 48 month deferment for medical/dental residents and a 36 month deferment for all active-duty military personnel is available through the Graduate Leverage Private Consolidation Loan Program.
- Repayment Term: Undergraduate borrowers may receive up to a 25 year repayment term which offers the lowest possible monthly payment, and graduate student borrowers may receive up to a 30 year repayment term.
- No Prepayment Penalties: All payments in excess of scheduled payments go directly to principal.
Get Started – Easy Online Application
Still in School? Consider Private Student Loans to pay Tuition, Room and Board.
Recent Graduates: Research Financial Services, Search for Graduate Programs and Find a Job at GraduateCenter.com

