For your information, payments in a Standard Repayment Plan are fixed and are made for up to 10 years, repayments can be made between 10 and 30 years for any consolidated loans
Are you looking for the repayment plan that will ensure that you pay the least amount of interest over the lifetime of the borrowing?
Yes, that would certainly be my intention
With the Standard Repayment Plan, you will pay the least amount of interest over the life of the loan
What are the guidelines around monthly payments for consolidated loans?
There are rules and regulations that must be followed that I can go through with you now if you would like?
What if I have a Direct Consolidated Loan or FFEL Consolidated Loan?
In this instance, the length of the repayment period will depend on the amount of borrowing that is outstanding, known as your total education loan indebtedness, this debt includes any student loan debt you may have that is joined to your consolidation loan
What is included in borrowing that is not part of a Consolidation Loan?
This would include any federal loan that you would have that is not included in the consolidation loan, or any private student loan that you may have availed of
What are the terms of the Federal Education Loan, with the exception of consolidation loans?