Here is a list of “dos and don’ts” regarding loan consolidation for students

Do:

1. conjoin while in institute or near the terminus of the six month loveliness period.

2. peep for the breathest deal for consolidation. The Office of economic benefit recommends a company called Direct Loans, but the student is free to check with state agencies and other lenders, he said.

Don’t:

1. Don’t combine at the beginning of the six month grace period.

2. Don’t consolidate their loan with their spouse. “If your spouse were to be lamed to the point of being totally disabled or were to pass away, you may be responsible for his or her loans,” Olson said.

3. Don’t consolidate assuming they qualify for military benefits. now and then the military decision take over loans for the borrower but it will not if they have been consolidated, he said.