To get the Lowest Student Loan Consolidation Rate is not that difficult. For getting low interest rates you will need to do a deep research and you will need to find out who are offering the lowest interest rates. As you know interest rates do not remain same every year. Government gives these interest rates and each year in May they are declared and the new rates are applied on the loans from the 1st of July. If you are planning to take a student loan consolidation then first see the current interest rate and if you are okay with it then don’t wait unnecessarily. And if you think that the rates are high then take help from financial experts and if they advice you to wait for some time, then better wait and watch.