I have 3 Stafford loans

1) Principal: $1,467.17
Interest: 6.62% variable

2) Principal: $6,625.00
Interest: 6.62% varibale

3) Principal: $6,102.00
Interest: 6.80% variable

All are in deferrment until 6/2008.


I've heard Citi is a choice...anyone else have a company that they would recommend? If rates are higher than what mine are at, is there a way to keep my lower rate or....? Sorry, new to the consolidation thing!!

Nobody will be higher....all federal consolidation interest rates are based on a weighted average of what you currently have. Some lenders offer back end perks such as interest rate reductions for auto drafts or on time payments.