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    A federally funded student loanwill not be discharged in a bankruptcy except in circumstances of extreme hardship. Hardship in this case may mean that you have no money left at all after paying for essential needs such as rent and food. Even people on disability and p

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    Just finished school and now it’s time to start paying on those

    Student loans fall into two categories.
    1. A private student loan which was based on your credit or that of your parents. Loans of this nature may be consolidated through standard loan consolidation.
    2. Federally funded student loans were backed by the federal government. You may have received them from a private institution but if you default on them the government guaranteed the funding organization that it would make the loan good. These loans have very strict rules regarding consolidation.

    If you want to consolidate a student loan that was federally funded below are some tips for doing so.

    A federally funded student loanwill not be discharged in a bankruptcy except in circumstances of extreme hardship. Hardship in this case may mean that you have no money left at all after paying for essential needs such as rent and food. Even people on disability and pu

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    y be in the market to take all of your education funding debt and consolidate it into a single student loan. A student loan is a different animal from a standard loan though so consolidation requires some serious investigation and thought.

    Student loans fall into two categories.
    1. A private student loan which was based on your credit or that of your parents. Loans of this nature may be consolidated through standard loan consolidation.
    2. Federally funded student loans were backed by the federal government. You may have received them from a private institution but if you default on them the government guaranteed the funding organization that it would make the loan good. These loans have very strict rules regarding consolidation.

    If you want to consolidate a student loan that was federally funded below are some tips for doing so.

    A federally funded student loanwill not be discharged in a bankruptcy except in circumstances of extreme hardship. Hardship in this case may mean that you have no money left at all after paying for essential needs such as rent and food. Even people on disability and p

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    1. A private student loan which was based on your credit or that of your parents. Loans of this nature may be consolidated through standard loan consolidation.
    2. Federally funded student loans were backed by the federal government. You may have received them from a private institution but if you default on them the government guaranteed the funding organization that it would make the loan good. These loans have very strict rules regarding consolidation.

    If you want to consolidate a student loan that was federally funded below are some tips for doing so.

    A federally funded student loanwill not be discharged in a bankruptcy except in circumstances of extreme hardship. Hardship in this case may mean that you have no money left at all after paying for essential needs such as rent and food. Even people on disability and p

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    om a private institution but if you default on them the government guaranteed the funding organization that it would make the loan good. These loans have very strict rules regarding consolidation.

    If you want to consolidate a student loan that was federally funded below are some tips for doing so.

    A federally funded student loanwill not be discharged in a bankruptcy except in circumstances of extreme hardship. Hardship in this case may mean that you have no money left at all after paying for essential needs such as rent and food. Even people on disability and p

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    for doing so.

    A federally funded student loanwill not be discharged in a bankruptcy except in circumstances of extreme hardship. Hardship in this case may mean that you have no money left at all after paying for essential needs such as rent and food. Even people on disability and public assistance are often times found ineligible to have their loans discharged.

    In certain situations for short periods after you have left school your student loan may be subject to forbearance. During this period of time you pay only the interest on the loan. Forbearance is generally allowed for a time period of thirty-six months. Applying for student loan forbearance is not an option if you have allowed you loan to go into collection.

    A private student loan should not be and, in many cases, cannot be consolidated with a federally funded student loan. Once a private student loan is rolled in with a federally funded loan, it becomes subject to the same rules and restrictions as the federally funded loan. If you have both types of loans seek separate consolidation services. A federally funded student loan also cannot be consolidated with credit card debt.

    If you are considering consolidation of your student loans, gathering the appropriate information and acting quickly is well advised. Grace periods apply to the ability to consolidate your student loan. Once the grace period has expired it is exceptionally difficult if n

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