As its name suggests, consolidating means combining multiple federal loans into just one loan. (cedaredlending.com)
Student loan consolidation typically refers to combining multiple federal loans into one in order to simplify the repayment process or to take advantage of a specific repayment or forgiveness program. (consolidate.loan)
If you're juggling multiple federal loans, consolidating them will take them and combine them into one new loan. (creditdonkey.com)