When it comes to your college loans you know how important they were to help you obtain your degree, however, it is not always that easy to repay them as fast as you would like. There are ways to make this process easier on you and you can start by exploring the option of using a federal college loan consolidation to help you get an easier payment plan and it will make it easier to manage your loans.First, you need to know what your loans are all about and how the system will work now. After you stop attending school you will have a 6 month grace period before any payments will come due. You can pay on your loans during this period, but you do not have to. You can also use what is known as a deferment for up to another 2 years after this period if you need to. Your loans will still collect interest, but there will be no payments due if you decide to defer them for any amount of time.Second, you can also use a federal college loan consolidation at this point to roll all your small loans into one larger loan with just one payment. This will make things much easier on you if you are the type that likes to set up a budget and like to be on top of your finances.Last, you should also know that even if you consolidate your loans you will not lose the benefits that you have with the deferment period, the forbearance period, and the government backing. None of that changes unless you use a private lender to consolidate your loans. Make sure you pick a plan that will work best for you and make sure you are going to be able to afford the payment.