Student Loan Consolidation: Why to Consolidate

Both federal student loan consolidation and private student loan consolidation offer the benefit of a significantly lower monthly payment and simplified finances. If you want to consolidate student loans, begin with your federal Stafford, Parent PLUS, Perkins, and all Federal FFELP and Federal Direct Loans that were taken out for your education. Private student loan consolidation is a separate program that allows you to refinance all non-federal, education related debt.

Even if you can make the monthly payments from your original school loans, you may still want to consider consolidating to lower your payments and free up money for bills with higher interest rates. These include credit cards and personal loans, neither of which have tax-deductible interest.

Check out the links below for additional information on how to consolidate student loans, specifically federal loans, private loans, and frequently asked questions.

Apply for Federal or Private Consolidation

Student Loan Consolidation Programs:

• Frequently asked questions about student loan consolidation
• More information on federal student loan consolidation
• Details about Federal Direct Loan consolidation
• Cconsolidate PLUS loans
• Consolidate private student loans after federal student loans
• Apply now for federal student loan consolidation
• Apply now for private student loan consolidation
• Apply now for PLUS loan consolidation
• Common typos for consolidation

Still in School? Consider Private Student Loans to pay Tuition, Room and Board.