My Journey

Tuesday, May 02, 2006

HELP!!!

Okay - the whole process of consolidating my freaking loans is going to give me an ulcer.
Can anybody give me some advice?
I have federal unsubsidized and subsidized loans, plus a SELF loan and a collegiate loan from Wells Fargo...
I don't think I can consolidate my SELF loan and Wells Fargo loan through the federal govt - crappy.
So....any ideas on how to consolidate all of them at once?
I know to look for a fixed interest rate...

3 Comments:

  • At 9:13 PM , Blogger Ms. E said...

    Talk to TFA, because it's possible that by consolidating you may lose out on reimbursement for working in a low income district. I keep forgetting to ask them that question myself

     
  • At 9:33 AM , Blogger Julie said...

    i don't think i have those kind of loans (don't they have to be perkins loans???) AND you have to teach in the same school for five consecutive years - i don't know if i can committ to that...

     
  • At 10:36 AM , Blogger Julie said...

    aim,
    i called bsu and they said you CAN get forgiveness on a stafford/ford consolidation loan.
    perkins loans are a little bit different...here's a good website. www.studentaid.ed.gov, click on repaying, then canncellation and deferment options for teachers, then cancellation for stafford loans.
    i also sent an email to tfa...i'm not sure if we're still eligible for loan forgiveness if we take an education award from americorps...

     

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