Subsidized Education Loan A subsidized student loan is one in which you pay no interest until you have left school and begin loan repayment. An unsubsidized student loan is one in which interest begins accruing at disbursement and continues until the loan has been repayed. To see the effects of choosing graduated repayment, choose either 2 Step or 3 Step from the drop down list below. For more information about consolidation, including the loan limits and how to apply, contact your loan servicer. You cannot include your private education loans into a Federal Consolidation Loan.
Some lenders offer private loan consolidation.
Check with your lender for more details.