Consolidating federal grad plus loans

If approved for this benefit, the lender will put the borrower's loans into forbearance, suspending their monthly loan payments.

Unpaid interest will continue to accrue and will be capitalized (added) onto the borrower's principal balance.

Loans currently in default are generally not eligible for refinancing.

This is the lowest credit score a lender will consider when determining borrower eligibility.

Disclosure: Student Loan Hero is a free website to help student loan borrowers.

We only evaluate lenders and do not issue student loans.

See each lender's website with more details on how this figure is calculated.

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Indicates whether or not the lender allows loans that were previously in default, but have now been rehabilitated, to be refinanced.

Learn more"Term" refers to the length of the loan, typically in years.

In general, the shorter the term, the lower the interest rate and the higher the monthly payments.

Longer terms will typically result in lower monthly payments but at a higher interest rate.

Borrowers may select any term offered by a lender regardless of the current loan term.

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