Alumni loan consolidation program. While a student is in college, the government offers a fixed rate for a certain number of years, but the rates are still subject to change annually - the Alumni Loan Consolidation Program. Consolidating loans can stop the interest rate from rising, lower loan payments and extend the payment period to make it easier for the student to pay back. There is a variable interest rate for student loans which cap off at 8.25 percent for Federal Stafford loans and 9 percent for Parent Plus loans.



Student Loan consolidation Calculator. A calculator is a device for performing calculations. Search The Best Selling Government Grants And Loans Information Program On The Web. Enter the outstanding loan balances and current interest rates for each of your loans in the student loan consolidation calculator student loan consolidation calculator can only show estimates based on the information that you provide. Student loan consolidation calculator can only show estimates based on the information that you provide.