If you see an ad, receive a letter, or get a phone call from a company that charges you a fee to consolidate, don’t respond.
Consolidation can’t be undone, so it’s important to understand what you could give up when you pursue it.
Top There are several repayment plans that are designed to meet the different needs of individual borrowers. Review & Sign After you submit your application electronically via Student or by mailing a paper application, the consolidation servicer selected will complete the actions required to consolidate your eligible loans.
To request technical assistance while signed in and completing the Federal Direct Consolidation Loan Application and Promissory Note online, select the “Contact Us” tab in the top menu bar of Student
From there, you can either complete and submit the feedback form or select “Additional Information” and contact the Student Loan Support Center at the phone number provided.
Interest rates on direct loans are fixed, so your interest rate won’t change while you’re paying off the loan.
The government will assign you a new repayment schedule based on your total federal loan balance when you apply for consolidation; click on the link below for more details.
Note: If any loan you want to consolidate is still in the grace period, you can delay entering repayment on your new Direct Consolidation Loan until closer to your grace period end date.