Important Notice Regarding CBTx Student Loans
On March 30, 2010, President Barack Obama signed into law a reconciliation bill that makes the federal government the originator of ALL federal student loans effective for loans first disbursed on or after July 1, 2010.
To have a single holder of your loans (so you do not have to make multiple payments), and to have lower monthly payments (20 year term vs 10 year term) with a fixed interest rate, you should strongly consider Consolidating Your FFEL Loans.
There is never a prepayment penalty and you will not lose any of your grace period.
For more information, please visit https://studentaid.ed.gov/sa/repay-loans/consolidation or call toll free, 1-800-557-7392.