How does Consolidation work?

Direct Loan Consolidation Process 

Consolidation allows you to bring together or combine multiple Federal Direct Loans into a single Loan. The result of consolidation is a single monthly payment instead of multiple payments for the loans. Consolidation can also give you access to additional loan repayment plans.  The current consolidation loan interest rate is 4.25% and it is a fixed interest rate. 

IMPORTANT: Never pay another company to help you consolidate your loans. These companies are not affiliated with the U.S. Department of Education or their Loan Servicers. The application process is FREE and EASY.  For more information, please visit: