subject: Consolidate Student Loans and Get Lower Monthly Payments [print this page] You have to start paying the federal loan 30 days after your loan has been funded. However, you can switch the repayment plan simply by contacting the servicing bank. This process has no extra costs, but you can switch the plan only once a year. The maximum length of your consolidated federal loan depends on the amount of the loans. However, the years vary from ten to thirty years.
Consolidate Student Loans and Get Lower Monthly Payments
