I was wondering how student loans affected your credit score. I utilized federal student loans to help pay for my undergraduate degree and my MBA. I consolidated those loans. I am now having to utilize student loans partially to help finance my doctorate. I'm sure many are aware that every time you get a disbursement it shows up on your credit report as a seperate loan. So when I got a disbursement for Fall Semester that shows up as one loan, Winter another loan, etc. So I have all these loans showing on my credit report so I was wondering how that type of debt affects your score. Currently they are deferred since I am in school. Once I am finished I will consolidate those loans as well, although not with the original consolidation because I am locked into a great interest rate on the original consolidation.

I've actually never had a new disbursement affect my score at all since I've been keeping track. I'll get "New Account" alerts, but not a score change.

ALL of my loans show up as ONE! Its pretty Nice, they just add to the balance when I get a new loan.....

Thats good to know. Maybe there is something in the FICO scoring formula that really calculates all of the disbursements as one loan. I was just wondering that's all. Most of the time I try not to think about the 2.3 trillion gazillion dollars I am going to owe once I'm done with school completely.