Home About ALC Live Chat Calculator Download Packet Check Loan Status
Academic Lending Center
Learn Decide Apply

Why Consolidate Now

Here's why you should care now, about consolidating your student loans
  • Opportunity to make lower monthly payments.
  • Take advantage of money saving borrower benefits.
  • No prepayment penalty if you decide to continue making the higher monthly payment and take advantage of the interest rate reduction.
  • Additional .60%* rate reduction if your loans are in grace.
Just think about the savings on your monthly payments!

Loan Balance Before Consolidation After Consolidation
Term in Years Montly Payment Term in Years Montly Payment Monthly Payment Lowered By
$20,00010$233.5120$155.06$78.45
$30,00010$350.2620$232.59$117.67
$40,00010$467.0125$282.71$184.30
$50,00010$583.7725$353.39$230.38
$60,00010$700.5230$399.18$301.34

Let the Academic Lending Center help you save money on your student loans.
Complete an application online or call us toll free today at 1-800-798-0779. Our Education Loan Counselors are available 24 hours a day, 7 days a week to answer your questions and discuss your loan application.

* This is for loans disbursed between July 1, 1995 and June 30, 2006.