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Consolidation

QuestionWhat is consolidation? Answer

Consolidation allows you to combine one or more existing eligible student loans into a single new loan. If you are interested in learning more about consolidation or want to apply for a Direct Consolidation Loan, visit the Student Loan Support Center or call 1-800-557-7394.

QuestionI have federal loans with multiple servicers. Is it possible to transfer them to just one servicer? Answer

Yes. You may be able to combine your eligible student loans into a single new loan through consolidation. If you are interested in learning more about consolidation or want to apply for a Direct Consolidation Loan, visit the Student Loan Support Center or call 1-800-557-7394.

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