Loan Consolidation
Loan Consolidation allows borrowers to combine one or more of their federal education loans into one new loan to simply repayment, which can extend the repayment term and allow for lower monthly payments.
The following websites below and presentation provide information about the steps to consider, the process, and repayment options. Review all the information carefully as well as your loan portfolio and personal circumstances to determine if consolidation is the right choice for you.
National Student Loan Data System - individual loan portfolio information
Federal Direct Loan Servicing Homepage – individual loan portfolio information
Federal Direct Loan Consolidation - information and application processing
Federal Student Aid – Student Aid on the Web - Consolidation Homepage
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