The Department has terminated its contract with ACS (Xerox) and is in the process of transferring services previously performed by ACS, including
the Direct Loan consolidation process.
Not exact matches
Once research has been completed, and the decision to consolidate federal student
loans with a
Direct Consolidation Loan has been made, the actual
process of consolidating is relatively simple.
Additionally, the following timeline illustrates what you can expect during the
process of originating a
Direct Consolidation Loan:
If any of the
loans you want to consolidate are still in the grace period, you have the option of indicating on your
Direct Consolidation Loan application that you want the servicer that is processing your application to delay the consolidation of your loans until closer to the grace per
Consolidation Loan application that you want the servicer that is
processing your application to delay the
consolidation of your loans until closer to the grace per
consolidation of your
loans until closer to the grace period end date.
Information about New
Direct Consolidation Loan Process.
As of July 1, 2010, all federal student
loan consolidations are now processed by the U.S. government through the Federal Direct Loan Program (FD
loan consolidations are now
processed by the U.S. government through the Federal
Direct Loan Program (FD
Loan Program (FDLP).
All federal student
loan consolidations are now processed by the U.S. government through the Federal Direct Loan Program (FD
loan consolidations are now
processed by the U.S. government through the Federal
Direct Loan Program (FD
Loan Program (FDLP).
You can simplify the repayment
process by applying for a
Direct Consolidation Loan, which can best be defined as: one payment to one servicer, once a month.
The
Direct Consolidation Loan program is the right choice if your goal is to simplify the
process for repaying federal
loans and keep your options open for the many repayment plans available for federal
loans.
There are no fees associated with the
Direct Consolidation Loan process.
Allow all Federal
Direct Loan servicers the ability to service
consolidation loans, so that borrowers do not need to transition to a new servicer at this crucial point in the repayment
process.
If you'd like to consolidate your federal student
loans, you can start the
process here:
Direct Consolidation Loan Application.
The
Direct Consolidation Loan provided by the Federal Government produces a fixed rate, not a hybrid or adjustable rate, and this
process is irreversible.
The
loan servicing company is trying to tell me that I can not qualify for a public service
loan forgiveness
consolidation, but
Direct Loans is trying to
process this for me.
Once you complete your
direct consolidation loan application online it will take 60 - 90 days for it to be
processed.
Student
loan consolidation is the process of combining your federal student loans into a new, single loan called a Direct Consolidation L
loan consolidation is the process of combining your federal student loans into a new, single loan called a Direct Consol
consolidation is the
process of combining your federal student
loans into a new, single
loan called a Direct Consolidation L
loan called a
Direct ConsolidationConsolidation LoanLoan.
Here are 5 facts about
direct loan consolidation that may help you better understand the
process: