I have two graduate student loans, with low but variable interest rates.  I would like to refinance these to fixed rates, and would be willing to settle for higher rates to accomplish this.  The loans are with Citibank and Sallie Mae.

I already consolidated my student loans once, which is the most common trigger for people to refinance their student debt.

Can I somehow get a fixed rate for my graduate student loans? Thanks!

Many federal student loans disbursed before July 1, 2006 have a variable interest rate. The interest rate on these variable rate loans is changed on July 1st of each year. If you have variable rates on your Federal loans, you may want to consolidate. The interest rate for a Direct Consolidation Loan is fixed. The rate is based on the weighted average interest rate of the loans being consolidated, rounded to the next nearest higher one-eighth of one percent and can not exceed 8.25 percent.  Because interest rates are low right now, it may well be a good time to fix a rate.