Detroit Guide

Detroit Guide

Your passport to the city. Click the image to check out our guide for helpful hints to make the most of your Detroit experience.

Student Service Center

Student Service Center

Students are able to access a variety of resources in one place, including Admissions, Dual J.D., Financial Aid, Multicultural Affairs, Registrar, and Student Affairs and Services.

No Better Place to Make Connections

No Better Place to Make Connections

For the fifth year in a row, UDM Law 2Ls and 3Ls stepped forward to mentor the Fall 2014 first-year class. Student-to-student mentors help incoming students make the transition to law school, introduce them to new friends, and engage them in the life of the school.

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What is consolidation?

Loan consolidation is a new loan that is created by combining the repayment of two or more loans to reduce the amount of monthly payments and extend the loan repayment term.

Should you consolidate?

The only option for consolidating your federal student loans is now through the Direct Loan program. Typically loan consolidation reduces your monthly payment by extending the term of the loan. An important consideration in the decision to consolidate should be the total cost of the loan.  This can be higher with consolidation because the repayment period can be much longer than the standard period.  Further benefits associated with loans are lost when those loans are consolidated.

However, if you are planning to work in a Public Interest Job and hope to qualify for loan forgiveness the loans to be forgiven must be held by the Direct Loan program.  So for certain borrowers the potential for loan forgiveness may outweigh the cost of losing borrower benefits.

Helpful links

  1. Consolidation information from the Department of Education