Loan Consolidation - choose VSAC |
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Why VSAC?
- Outstanding Borrower Benefits – VSAC provides a 1% interest rate reduction through our borrower benefit program for Consolidation applications received 7/1/05 through 6/30/08.
- Unparalleled Customer Service – Helpful, friendly, accessible; personalized service to meet your needs.
- Convenient Online Services – Apply for your loan, view your account and make payments online.
- Count On Us To Be There – VSAC isn’t in the business of selling loans.
Borrower Benefits — Saving you money!
VSAC Consolidation loans receive a 1% interest rate reduction after 36 consecutive on-time payments.
- Your Consolidation loan must be in active repayment for 36 months.
- Your loan must remain current at all times; if you become 15 days or more past due, before or after making 36 on-time payments, the benefit is terminated and cannot be re-instated.
- Entering a period of deferment or forbearance doesn’t negatively affect your eligibility; your on-time counter is temporarily suspended (not reset to zero) and resumes once the deferment/forbearance has ended.
- Your Consolidation application must be received during the period of 7/1/05 to 6/30/08.
- This particular benefit is not available to students/graduates of most law and medical schools.
VSAC also provides medical and law school students/graduates with exciting borrower benefits.
- Medical school students/graduates – check out your specific benefits.
- Law school students/graduates – check out your specific benefits.
Learn more
- What is consolidation?
- Am I eligible?
- What are the pros and cons of consolidating?
- Should I apply during my grace period?
- What will my repayment terms be?
- Other frequently asked questions
- Return to main Consolidation page
* VSAC evaluates borrower benefits each academic year and reserves the right to modify, terminate, or discontinue them at any time, at its sole discretion.
