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Federal Student Loan Consolidation

A Direct Loan Consolidation allows you to combine one or more of your federal education loans into a new loan that offers several advantages. Loans eligible for consolidation include Federal Perkins Loans, Federal Stafford Loans, Guaranteed Student Loans, and Federal Direct Loans. If a Direct Consolidation Loan offers you a lower rate than your current loans, you may want to consolidate.

Lower Interest Rate For In-School and In-Grace Consolidation
If you consolidate while in school or during your grace period, you may receive a lower interest rate. In-school consolidations can save you money, but are only offered via a Direct Consolidation Loan.

One Lender and One Monthly Payment
With only one lender to deal with and one monthly bill, you will find it easier than ever to manage your debt. The Department of Education will always be your sole lender.

Flexible Repayment Options
Direct Consolidation Loans provide four convenient and hassle-free ways to repay your loans, including an income-contingent repayment plan. These flexible plans are designed to meet the different and changing needs of borrowers. With a Direct Consolidation Loan, you can switch your repayment plan at anytime.

No Minimum or Maximum Loan Amounts or Fees
Direct Consolidation Loans do not exclude anyone based on the size of their loan debt! In addition, the consolidation service is FREE.

Retention of Subsidy Benefits
Borrowers retain the subsidy benefits of the subsidized loans that are consolidated.

To learn more about Direct Loan Consolidation:
Call toll-free: 1-800-557-7392,
Or call the toll-free TDD number: 1-800-557-7395,
Or visit the federal government's loan consolidation web site at

Federal Student Loan Consolidation
If you want to consolidate your federal education loans through a lender other than the Direct Loan Program, please visit for more information.

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