Once your student loans enter the repayment period, you can apply for a student loan consolidation. You may also be able to consolidate some loans that are not in repayment. You would need to check with your lender to see if your loans can be included in a consolidation loan. This includes adding new loans—those disbursed within 180 days of completing the consolidation process – to the balance. Be aware, however, that once your loans are consolidated, you can not cancel the consolidation process. This is because once it is complete; your old loans have already been paid off. In addition, you sign a promissory note guaranteeing the new consolidation loan.

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