UC Davis
Student Accounting
2100 Dutton Hall    •    Hours: Monday through Friday, 9:00 a.m. - 4:00 p.m.    •    Phone: (530) 752-3646    Fax: (530) 752-5718           Ver sitio en espaƱol
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Student Accounting Hours
Effective December 1, 2009 Student Accounting service hours will be 10:00 a.m. to 4:00 p.m., Monday thru Friday.



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Loan Consolidation Information

 

What Is It?
A consolidation loan allows students to combine their federal student loans into one single loan, hence one monthly payment. The payment can be significantly lower since the repayment term will be longer.

The interest rate for the loan will be based on the weighted average of the interest rates on the loans to be consolidated.

  • Direct loan interest rates are fixed instead of variable.
  • Consolidation interest is variable instead of fixed.



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