or can you re-consolidate?

or can you have another servicer besides sallie mae buy them?

Tom

If the only loan you have is a consolidated "Smart" loan with Sallie Mae then there really is nothing that can be done. However, if you also have another Federally Guaranteed Student Loan besides Sallie Mae (any Federally Guaranteed Loan would count) then you can do a reconsolidation. Keep in mind though that when you (re)consolidate it will be at a weighted average of your existing rates.


fla-tan

thanks. i heard they might change the rules. and i couldnt find anything

Tom

There is talk of doing away with the single lender rule. However, it will not apply to previous consolidations.


fla-tan