/ Source: msnbc.com
- Contact your college’s financial aid office for advice and referrals.
- Watch for false deadlines: Applications need to be in by midnight June 30.
- Know that consolidations are fee-free by law, but not interest rate-free.
- Compare borrower benefits program — they can differ significantly.
- Get accurate savings estimates.
- Enter into a lender relationship knowing it may last 30 years.
- Save time and apply online — it also catches any application errors immediately.
Also, for those borrowers who have a problem with their federal student loan or lender, the at the U.S. Department of Education may be able to help resolve the dispute.