Consolidation Information
What is student loan consolidation?
Student loan consolidation is a federal program that allows you to reduce your monthly student loan payments by consolidating all of your loans into a single repayment program with a single authorized lender. Apply Now
What are the advantages of student loan consolidation?
Simply put, student loan consolidation is one of the easiest ways to start saving your money today! You can reduce your monthly student loan payments by as much as 50%, fix your interest rates before they can go up, and have the luxury of one payment, with one loan, with one lender. It's free, fast, easy to do, and requires no credit checks. Apply Now
How is my new interest rate determined?
Some of your loans are currently variable and change every July 1st. By consolidating your loans, you will receive a fixed rate that will equal the weighted average of your loans rounded up to the nearest 1/8th of 1.00%. Loan Calculator
How long do I get to repay my loan?
Most of your current student loan debt is based on a 10 year repayment term. When you consolidate, you will receive a repayment term of up to 30 years. Your new loan term will be based on the total amount of student loan debt you have outstanding. Learn More
