Student Loan Consolidation Calculator
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Student loan - Student loans are loans offered to students to assist in payment of the costs of professional education. These loans usually carry lower interests than other loans, and are usually issued by the government.
Debt consolidation - Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.
Amortization calculator - An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.
Pennsylvania Higher Education Assistance Agency - The Pennsylvania Higher Education Assistance Agency, commonly referred to as PHEAA, is the full-service student financial aid organization of Pennsylvania. Once a small student loan guarantor with a volume of approximately 5,000 student loans in 1964, it now manages more than $33 billion in total assets and serves nearly four million students through its state grant, guaranty, servicing, and financial aid processing.
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