You can also have all of your questions answered with regard to better understanding how the
student loan consolidation process works and how doing so can help you in your specific situation.
It is so important to meet with a financial expert that can guide you through this decision in order to ensure you are completely knowledgeable about the entire
student loan consolidation process.
Once you log in at StudentLoans.Gov, to start the student
loan consolidation process simply click on where it says «Apply for Loan Consolidation» and then follow the instructions.
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.
A Specialist will then walk you thru the rest of the student
loan consolidation process to ensure you get approved for the right plan.
If you decide you still want to pay a company to prepare and counsel you in
the loan consolidation process, Robert Farrington recommends doing your homework.
(President Barak Obama has proposed changes to
the loan consolidation process that would lower interest rates and enhance the consolidation options by 2014.)