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freedyx3

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I just talked to a T.H.E finan officer and she told me that if I consolidate my subsidized loans from undergrad that I would not lose the deferment benefit and I would not pay any interest on them until i graduate dental school. But I was under the assumption that if you consolidate loans then you lose the deferment benefit. Can someone clear this up for me?


thanks
 

OSUdoc08

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You can defer, but you cannot reconsolidate. Consolidation is a one-time thing. If you consolidate now, you cannot add all your med school loans to it. Wait until you graduate med school, then consolidate all at once. I use THE.
 

freedyx3

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OSUdoc08 said:
You can defer, but you cannot reconsolidate. Consolidation is a one-time thing. If you consolidate now, you cannot add all your med school loans to it. Wait until you graduate med school, then consolidate all at once. I use THE.

Are you sure cause I asked them this question specifically. They said that as long as I gain new loans I can reconsolidate those new loans.
 

OSUdoc08

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freedyx3 said:
Are you sure cause I asked them this question specifically. They said that as long as I gain new loans I can reconsolidate those new loans.

You can, but not with the loans you previously consolidated. That means you will have a seperate consolidation of undergrad and med loans.

This comes from the director of my financial aid office.
 
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