Repayment Information

Federal Consolidation Loan

Are you worried about repaying your student loans? If so, you should explore the Federal Consolidation Loan Program. If you have multiple loan holders or have borrowed under multiple loan programs (for example, the Federal Family Education Loan Program and the Federal Direct Loan Program), consolidation may help you simplify repayment by allowing you to make one payment instead of a payment to each loan provider. If your student loan debt just seems a little overwhelming, consolidation may reduce your monthly payment.

For more information on the Federal Consolidation Loan program, visit http://loanconsolidation.ed.gov/.