Yes, you should learn about the pros and cons of using a Direct Consolidation Loan.
Is there a repayment plan to help lower payments?
It is called an Income-Based Repayment Plan and could help with lower payments.
Can parents Direct PLUS Loans be consolidated with a federal student loan received by a student?
Direct PLUS Loans for parents are not able to be combined with federal student loans from the student.
What is the process of repayment?
Repayment of a Direct Consolidation Loan would start 60 days after the loan is paid out and your loan servicer will let you know when payment is first due.
Are any of your loans you want to consolidate in grace period?
Yes, I have one loan that is in grace period.
You are able to ask your servicer for your Direct Consolidation Loan application to wait on processing until the grace period end date.
Who would I contact if I have questions about consolidation?