What is loan consolidation? Who should I contact if I want to consolidate my student loans?
A loan consolidation combines your federally funded student loans into a single loan. The new loan reduces your number of payments to worry about each month while also reducing your payment amount with a longer repayment period. Further information concerning consolidations is provided in our website. Click here to go to this section in our website.
If you are interested in loan consolidation, contact your Federal Direct Loan Servicer to see if you are eligible for consolidation. Additional information concerning student loan consolidations and the application process is provided at the Federal Direct Consolidation Loans Information Center or by telephone at 1-800-557-7392.