Direct Loans - Consolidate!

If you’re having trouble keeping up with multiple federal student loan payments, consider the direct loans consolidate program. This government initiative allows students to consolidate most public or private federal student loans into one easy monthly payment.



To qualify for the direct loans consolidate program, applicants must have at least one unpaid Federal Family Education Loan (FFEL) or Direct Loan. Loans that have an “in-school” status are not eligible.


Why Consolidate?

Consolidating direct loans will help you to:

  • manage your debt by combining multiple loans into a single monthly payment
  • pay off debt more quickly
  • reduce monthly payments and loan fees
  • enjoy more flexible payment options
  • improve your credit score by making payments on-time and in-full


What is the Interest Rate?

Interest rates for the direct loans consolidate program are based on the average rate of consolidated loans; your rate will never exceed 8.25%. So, if you’re uncomfortable with the variable interest rates of your current student loans and want a single payment that will remain fixed for the life of the loan, apply for direct loans consolidate today!


How to Apply

To apply, simply fill out the online application form. You’ll need to have a list of all of your current federal student loans, as well as a proposed repayment plan. You should hear back regarding your application status within 90 days.


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