Student Benefit Services

SBS is your student loan consolidation center, enabling you to:

Cut your interest rates by 1.25%

Lower your monthly payments by 50%

Defer your payments for up to 3 years

Bundle all your loans into one easy-to-manage loan

Thinking about student loan consolidation? The facts speak for themselves:

1. You save up to 42% when you consolidate your student loans into one consolidation loan.

2. You'll reduce your monthly payments into a single lower payment.

3. You'll get a lower, locked-in interest rate (so it won't increase over time).

Over the long run you'll save thousands in interest and fees.

Got bad credit? Don't worry, there are no credit checks and you don't need co-signers.

How much can you save? Check out our savings chart to see how much you can potentially save each month.

Loan Amount	15k	25k	40k	60k
Your estimated payment before consolidation	$175	$292	$467	$701
Your estimated payment after consolidation	$92	$154	$246	$369
Monthly Savings	$83	$138	$221	$332

Refinance all your student loans. Now you can refinance all your student loans, even private loans and previously consolidated loans, all at a super-low rate.

We can help you with student loan deferment or forbearance to simplify your repayment options even more! .

Best of all, our federal consolidation loan services are free. No hidden charges or fees.

The lower your original interest rates, the lower your consolidation interest rates

Your new interest rate is calculated as the weighted average of the interest rates of the loans you choose to consolidate, rounded up to the nearest 1/8th of one percent or 8.25%, whichever is less.

Once you consolidate, you lock in a low interest rate for the life of the loan

Your consolidation interest rate is much lower than your previous loan rates, since it's a weighted average of those rates including discounts. Once you consolidate, you're locked in at that lower rate.

Interest rates are the lowest they've been in a long time and analysts are predicting that they are going to rise over the next decade. If you aren't locked in at a lower rate, your interest rates will rise with market rates. By consolidating your loans now, you'll save thousands over the life of the loan.

Enjoy extra savings during grace and deferment periods

During grace and deferment periods, your interest rate can be reduced by .6%. By consolidating while in grace or deferment status, you can keep this low rate throughout the life of your loan.

Reduce your rate an additional 1.25%

Once your consolidation loan is disbursed, you'll lock in an interest rate that's lower than your previous amounts. That's because when you consolidate, you get 1.25% in discounts based on such criteria as on-time payments and auto-payments.