MBA Loan Consolidation
Both federal student loan consolidation and private student loan consolidation offer the benefit of a significantly lower monthly payment and simplified finances. If you want to consolidate MBA student loans, begin with your federal Stafford, and then consolidate your private loans. Private student loan consolidation is a separate program that allows you to refinance all non-federal, education related, debt.
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Federal Student Loan Consolidation |
Private Student Loan Consolidation |
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| Cut existing monthly payment in half |
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| No application fees |
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| No prepayment penalty |
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| Interest only (lower) payments available |
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| Simplified monthly finances |
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| Improved credit rating |
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| 0.6% discount during grace period |
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| Fixed interest rate |
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| .25% rate reduction for auto debit |
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| Origination fee rebate |
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Learn how consolidating your business school loans works in this step by step tutorial.
