Direct Student Loan Consolidation

Federal Direct loan consolidation is a practical repayment tool that enables you to combine all of your federal Direct student loans into a single loan. In addition to reducing your monthly payment up to 53%, federal Direct consolidation provides flexible repayment plans, interest rate reductions, and deferment and forbearance options.

How do you know if you have federal Direct student loans? Below is a detailed list of the different types of federal Direct student loans.

• William D. Ford Stafford and PLUS Loans
• Direct Stafford Loans and PLUS Loans
• Direct Consolidation Loans
• Your loan bills come from the Direct Loan Servicing Center
• Your loan bills bear the name William D. Ford Federal Direct Loan Program
• Your school is a Direct Lending School

Apply Today for Direct Student Loan Consolidation

Apply now for a free information packet, or call toll free 1-877-328-1565 to speak with one of our student loan consolidation counselors. Or you can read some frequently asked questions about Federal Direct Loan consolidation.

Benefits of Direct Student Loan Consolidation

One of the key benefits of Direct loan consolidation is payment relief. By combining all of your direct student loans into one consolidated loan, you can lengthen your repayment term from the standard 10 years to up to 30 years, depending on the amount of your education debts. With a lower monthly payment, you'll have more money available to meet other living expenses, including car payments, housing expenses, and career-related necessities. Because there are no penalties for overpayment, you can make larger payments and reduce your repayment term when it becomes affordable.

Additional Benefits of Consolidating Direct Student Loans

• Reduce your monthly payment up to 53%!
• Reduce your interest rate 0.6% by consolidating during your grace period
• Simplified finances - one payment per month
• Improve your credit rating
• No credit checks, fees, or application charges

Requirements for Direct Student Loan Consolidation

• Minimum amount of $10,000 in federal student loans
• Loans must not be in default
• Must be graduated or enrolled less than half time