Direct Loan Consolidation
Direct Loan Consolidation is not a form of financial aid but this program can help borrowers better manage their cash flow and paperwork by taking different federal student loans and creating one loan for repayment and tracking paperwork.
Consolidation may not prove beneficial. To determine what is your best option, refer to the Frequently Asked Questions on the Direct Consolidation Loan Web site as well as review information about the loan process on their Web site.
Before making a decision, you should talk with a representative from the Direct Consolidation Loan Program at 800.577-7392 or 800.577-7395 (TDD).
The Direct Consolidation Loan be completed online at the Direct Consolidation Loan Web site using your FAFSA PIN. Borrowers have the option of completing a paper application.