I'm thinking about consolidating my Federal Direct loans that I used to pay for part of my undergraduate education. I just graduated in May, and I'm still in my grace period. Assuming I am eventually accepted to a medical school, will having consolidated have any adverse effects? Will I still be able to defer my undergraduate loans while in med school? Will consolidating now affect my ability to get loans for medical school? SDN is not my only source of information-- I've contacted a few persons and institutions to get more info. I just wonder what others in similar situations have decided to do.