Frequently Asked Questions
Find the most frequently asked questions below:
01Can you consolidate private and federal student loans?
Private Student Loan Consolidation. Private student loans cannot, in general, be consolidated with federal student loans. The low interest rates on federal consolidation loans are not available to private education loans. So the main benefit of such a consolidation is obtaining a single monthly payment.
02How to consolidate student loans?
Check Federal Student Aid ID. Select the federal loans you want to consolidate. Choose a student loan service. Pick a repayment plan for your new consolidation loan. Complete and submit the application.