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Accounting > Consolidation

The following information is about Consolidation.

Consolidation Defined

is similar to refinancingbut there is no loan fee. It simplifies loan repayment by combining several types of federal education loans into one new loan. (In the case of Direct Loan consolidationthe interest rate may be lower than one or more of the underlying loans.)

This definition is in context to Accounting. See more contextual defintions for Consolidation.


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