Direct Consolidation Loan

Looking to lower your monthly payments? Tired of managing and keeping track of multiple loans? Then a Direct Loan Consolidation could be a great loan repayment option for you.

Am I eligible?

To be eligible for Direct Consolidation Loan, you must have at least one Direct Loan or Federal Family Education Loan (FFEL) that is in grace, repayment, deferment or default status. Loans that are in an in-school status cannot be included in a Direct Consolidation Loan.

What are the benefits?

A Direct Loan Consolidation can lower monthly payments. It combines multiple student loans into one single loan, making your educational debt easier to manage, organize, and repay. Note that if you increase the length of your repayment plan, then you’ll end up paying more in overall interest.

Which loans qualify?

Subsidized Loans:

  • Subsidized Federal Stafford Loans
  • Direct Subsidized Loans
  • Subsidized Federal Consolidation Loans
  • Direct Subsidized Consolidation Loans
  • Federal Insured Student Loans (FISL)
  • Guaranteed Student Loans (GSL)

Unsubsidized Loans:

  • Unsubsidized and Nonsubsidized Federal Stafford Loans
  • Direct Unsubsidized Loans, including Direct Unsubsidized Loans (TEACH) (converted from TEACH Grants)
  • Unsubsidized Federal Consolidation Loans
  • Direct Unsubsidized Consolidation Loans
  • Federal PLUS Loans (for parents or for graduate and professional students)
  • Direct PLUS Loans (for parents or for graduate and professional students)
  • Direct PLUS Consolidation Loans
  • Federal Perkins Loans
  • National Direct Student Loans (NDSL)
  • National Defense Student Loans (NDSL)
  • Federal Supplemental Loans for Students (SLS)
  • Parent Loans for Undergraduate Students (PLUS)
  • Auxiliary Loans to Assist Students (ALAS)
  • Health Professions Student Loans (HPSL)
  • Health Education Assistance Loans (HEAL)
  • Nursing Student Loans (NSL)
  • Loans for Disadvantaged Students (LDS)

How do I apply?

The online application for a Direct Consolidation Loan is available here.


Questions? Contact Us!
or Go Back to Student Loan Repayment Plans