Private College Student Loan

Can you consolidate student loans and afterward get them deferred if you go back to school?

So Sallie Mae loans and Direct loans, I want to consolidate, lower my payment, etc. Once I do that, do they still have options for deferrment, such as lack of income, going back to school, whatever?

Public Comments

1. Most likely that depends on who you consolidate with. Read the rules before you do it.
2. No matter who you consolidate with you keep all your benefits. Deferment, In School Deferment, tax deductions, etc. As of July 1, 2006 you can not consolidate if you are currently in school more than 1/2 time so you may want to get this done quickly.