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Originally Posted by hokieian
First of all, you don't need to do it RIGHT NOW in order to get the current low rates. Interest rates for student loans remain the same for an entire year and every July 1 they are readjusted to the current rate. So as long as you consolidate before July 1, 2005 is doesn't matter when you do it.
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Yea, but don't you get an additional reduction if you file before your grace period ends? I'm getting a bunch of consolidation stuff too, my grace period expires this month. A lot of it's from the Alumni Association telling me if I file within my grace period i get an additional 0.60% off my rate