Consolidation Question

Started by bobmarley77 May 29, 2003

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bobmarley77

Full Member

15+ Year Member

20+ Year Member

May 29, 2003

The new rates have come out and I read that the rates are lower if you are in deferment versus if you are in repayment.

Can you consolidate your loans while in deferment? Is being in economic/unemployment deferment equivalent to being in deferment because you are in grad school?

I ask because I have been out of work for a while and will be going to graduate school in the fall. I haven't applied for unemployment deferment even though I am eligible. I figured I will be in deferment anyway when I go to graduate school....but I heard that you cannot consolidate while in school....I'm lost??

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