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These are just a few of the issues to keep in mind when students, or former students, are contemplating consolidation.To view this Web site effectively, you will need one of the following supported browsers from Microsoft, Google, Mozilla, or Apple.In the case of student loans, consolidation means you can deal with fewer creditors, and with paying less interest over the life of your loan. However, before you jump on board, you should know that there are some situations where consolidating student loans may not leave you with post-clutter bliss.As with everything else in life, there are pros and cons to consider.Like all private lenders, Sallie Mae’s borrowing limits, interest rates and repayment plans are contingent on the borrower’s credit history.For those students holding Federal loans which are being managed through Sallie Mae, borrowing limits and repayment schedules will be set by the government.

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But it can be hard to know what the right answer is.Consolidation is one of those words that conjures images of simplicity, organization, and perhaps even post-clutter serenity.Instead of a mess of bills, a mess of belongings, or a mess of life, you can simply consolidate and deal with less.The company offers a variety of student specific loans, including loans for undergraduate and graduate students, loans for career training, loans for medical and dental residencies, and loans for law students preparing for their bar exams.Sallie Mae also offers extensive 529 College Savings Plans for students and their families, as well as banking services and student friendly insurance policies for health, auto, home and tuition.

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