Not quite. In those cases, the length of your repayment period will be determined depending on the amount of your total education loan indebtedness. That includes the amount of your consolidation loan and your other student loan debt.
Oh, i see. Kind of complicated, huh?. Oh, well. Say, whenever i get a loan, i can choose how i want to repay it, right?
Certainly, you can. You have options for doing the choosing when is time to repay your loan. That's when you make use of the plans.
SO, lets say i go for these plans under the standard repayment thing, What do i get there?