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A US Department of Education Consolidation Loan works by allowing students who have at least one student loan held by ED and at least one commercially held FFEL program loan to take out a special loan. One who wants a US Department of Education Loan must apply by the deadline.

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Q: How does a US Department of Education Consolidation Loan work?
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How does a school loan consolidation work?

A school loan consolidation is useful if a person has multiple loans. Each of the loan balances is put into one loan with one payment. This can result in a smaller monthly payment which saves money.


How does Federal student loan forgiveness work?

You can go to the Department of Education web site and research the information you are requesting


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There are some differences in student loan consolidation programs but most work the same way. The program combines different loans to lock in a small interest rate.


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How do you apply for a fmha loan?

I currently work for the West Virginia Department of Education, I'm married, and I have no children. Am I eligible to apply for this? safarmer920@yahoo.com


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