Consolidating student loans in
Log in to Student with your When you create your FSA ID, your information is confirmed with the Social Security Administration (SSA).
This takes one to three days, and you'll receive an e-mail (if you provide one) when this is complete.
You have several options for getting your loan out of default.
These include repayment in full,loan rehabilitation, andloan consolidation.
For more information on rehabilitating a defaulted Federal Perkins Loan, contact the owner of the loan.Most loans can be discharged in the following situations: "Circumstances beyond the borrower's control" do not include things like having to drop out of college before graduation or inability to find a job after graduation.However, there is a possibility that they could include a school using illegal recruiting tactics – for example, guaranteeing the student a well-paid career. Department of Education promised debt relief to students of the bankrupt for-profit Corinthian Colleges schools (click here for more information on how to apply).Interest rates on student loans usually vary by loan type, rate type, and credit worthiness.If you find yourself paying 4% to 10% in interest each year, you are paying too much.