Requirements

You must have at least one Direct Loan or FFEL Program loan that is in a grace period or in repayment.

If you want to consolidate a defaulted loan, you must either make satisfactory repayment arrangements on the loan with your current loan servicer before you consolidate, or you must agree to repay your new Direct Consolidation Loan under the Income-Contingent Repayment Plan or the Income-Based Repayment Plan.

Generally, you cannot consolidate an existing consolidation loan again unless you include an additional Direct Loan or FFEL Program loan in the consolidation. However, under certain circumstances you may reconsolidate an existing FFEL Consolidation Loan without including any additional loans..

Should I consolidate?

Are your current payments managable?

If your payments are difficult to make each month you may consider looking into a consolidation loan to alleviate the pressure to meet your current obliglations.

Are your loans in default or are your wages being garnished?

If so we can help you, in most cases, rehabilitate your loan so that you can consolidate your loans into one affordable monthly payment.

How many payments are left on you loans?

If you are getting close to completing your current loans it may not be worth it for you to consolidate. Call us for an evaluation and we can go over all of your options.