Borrowers can combine multiple (at least two or more) federal loans into a single Direct Consolidation Loan (this is
the only federal consolidation loan available).
Since 2010, Direct Loan consolidation is
the only federal consolidation program.
Not exact matches
Federal consolidation loans can only be used for federal student loans, but private consolidation loans can be used for both federal and private student
Federal consolidation loans can
only be used for
federal student loans, but private consolidation loans can be used for both federal and private student
federal student loans, but private
consolidation loans can be used for both
federal and private student
federal and private student loans.
Since a private
consolidation loan can be used to refinance both
federal and private loans, private
consolidation loans could be used to consolidate
only private loans,
federal and private loans, or
only federal loans — this means that there are several scenarios to consider.
Note: Since all
federal consolidation loans come with a fixed interest rate, this section
only applies to those considering private
consolidation loans.
At this time,
only federal direct loans are eligible for PSLF, but a
consolidation of other types of loans may indirectly provide loan forgiveness to some qualified borrowers.
In this situation, you may want to leave your existing Direct Loans out of the
consolidation and consolidate
only your other
federal student loans.
If you consolidate parent PLUS loans with other direct
federal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR
federal student loans into a
Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR
Federal Direct
Consolidation Loan, the
only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plans.
ICR is the
only income - based plan available for Parent PLUS Loans, though it must be consolidated with other
federal student debt using a Direct
Consolidation Loan.
Our
Consolidation vs. Refinancing Calculator (for
federal student loans
only) will help you compare.
Direct Loan
Consolidation is
only available for
federal student loans, such as Direct or FFEL Loans.
It's also worth noting that although
federal and private loans are eligible for student loan refinancing,
only federal loans are eligible for a Direct
Consolidation Loan.
While you can not consolidate
federal and private student loans together into a Federal Direct Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loans to
federal and private student loans together into a
Federal Direct Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loans to
Federal Direct
Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private lo
Consolidation Loan — since
only federal loans are eligible for consolidation — you can refinance federal and private loans to
federal loans are eligible for
consolidation — you can refinance federal and private lo
consolidation — you can refinance
federal and private loans to
federal and private loans together.
Their
only option for income - driven repayment is to combine PLUS loans in a
federal Direct
Consolidation Loan and then repay the new consolidation loan under an Income Contingent Repayment (ICR) plan, the least generous
Consolidation Loan and then repay the new
consolidation loan under an Income Contingent Repayment (ICR) plan, the least generous
consolidation loan under an Income Contingent Repayment (ICR) plan, the least generous of all plans.
The
federal government also offers a
consolidation program for
federal student loans
only, although it doesn't typically lower interest rates as the existing rates are instead averaged.
Only federal loans are eligible for
consolidation under the Direct Loan Consolidation program, whereas federal and private education loans are eligible for refinancing th
consolidation under the Direct Loan
Consolidation program, whereas federal and private education loans are eligible for refinancing th
Consolidation program, whereas
federal and private education loans are eligible for refinancing through Brazos.
Consolidation of student loan debt, unfortunately
only exists for
federal student loans.
Student loan
consolidation only applies to
Federal student loans, and it's a free program.
Keep in mind in the current marketplace of spam and phishing the
federal government will
only contact you regarding loans and
consolidation through mail and phone.
Loan
consolidation applies to
federal student loans
only.
That
federal program
only allows the borrower to include
federal loans in the
consolidation.
Income - based repayment is
only available for
federal student loans, such as the Stafford, Grad PLUS and
consolidation loans.
Conversely, if you want to cons olidate private student loans or private and
federal loans together, then your
only option is private student loan
consolidation / refinancing.
As a result of
consolidation, you will have to make
only one payment each month on your
federal loans, and the amount of time you have to repay your loan may be extended.
Although loan forgiveness under this program is available
only for loans made and repaid under the Direct Loan Program, loans made under other
federal student loan programs may become eligible for forgiveness if they are consolidated into a Direct
Consolidation Loan.
The debt
consolidation programs were made mandatory
only after the
Federal Government announced them a few years ago.
If you consolidate parent PLUS loans with other direct
federal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR
federal student loans into a
Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR
Federal Direct
Consolidation Loan, the
only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plans.
Unlike
consolidation, refinancing isn't available through
federal programs and is
only available through a private lender, and refinancing through a private lender would mean giving up access to these repayment and forgiveness programs.
Only federal student loans are eligible for
consolidation.
At this time,
only federal direct loans are eligible for PSLF, but a
consolidation of other types of loans may indirectly provide loan forgiveness to some qualified borrowers.
For this reason, if you've made qualifying PSLF payments on your Direct Loans and you're thinking of consolidating those loans into a Direct
Consolidation Loan along with loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student l
Consolidation Loan along with loans you received under other
federal student loan programs, you should leave your Direct Loans out of the
consolidation and consolidate only your loans from other federal student l
consolidation and consolidate
only your loans from other
federal student loan programs.
As stated above, with
federal student debt
consolidation can be done
only once with the above explained exceptions.
This option, however, is
only available for
federal student loans; those seeking to consolidate private student loans or a mixture of
federal and private student loans should use a private lender for
consolidation — an alternative to -LSB-...]
Only in certain circumstances can
federal student debt be consolidated more than once: If you have obtained an additional
federal student loan after your previous student debt
consolidation was completed, you will be able to add the new
federal student loan to the previous consolidated
federal student debt loan and consolidate it once again.
With
federal student loan
consolidation, the borrower consolidates
federal loans
only.
For example, if you
only have
federal student loans, then the government can combine all of this student debt into what is known as a «Direct
Consolidation Loan.»
Federal student loans can
only be consolidated once unless a previously unconsolidated loan is included in the new
consolidation.
It may be harder to find the best debt
consolidation loans for
federal workers because
only limited organizations offer this kind of service.
Apart from the loss of some
federal tax and loan benefits, many of the disadvantages of
consolidation only come into play if there is a major change for the couple.
IBR is
only available for
federal college loans, so any Stafford, PLUS and
Consolidation Loans under Direct or FFEL programs are eligible.
Loan
Consolidation: Only federal student loans are eligible for c
Consolidation:
Only federal student loans are eligible for
consolidationconsolidation.
Federal debt consolidation — only available to federal loans — bundles multiple student loans into one package so that you don't have to make multiple pa
Federal debt
consolidation —
only available to
federal loans — bundles multiple student loans into one package so that you don't have to make multiple pa
federal loans — bundles multiple student loans into one package so that you don't have to make multiple payments.
As a result of
consolidation, you will
only have to make one monthly payment on your
federal loans and the amount of time you have to repay your loan will be extended.
While you can not consolidate
federal and private student loans together into a Federal Direct Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loans to
federal and private student loans together into a
Federal Direct Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private loans to
Federal Direct
Consolidation Loan — since only federal loans are eligible for consolidation — you can refinance federal and private lo
Consolidation Loan — since
only federal loans are eligible for consolidation — you can refinance federal and private loans to
federal loans are eligible for
consolidation — you can refinance federal and private lo
consolidation — you can refinance
federal and private loans to
federal and private loans together.
This means that you can not consolidate if you have
only Perkins loans, but you can include Perkins loans along with other
federal loans and apply for
consolidation.
Federal student loan consolidation differs from private student loan refinancing in that borrowers may only consolidate current federal student loans — not private student
Federal student loan
consolidation differs from private student loan refinancing in that borrowers may
only consolidate current
federal student loans — not private student
federal student loans — not private student loans.
Their
only option for income - driven repayment is to combine PLUS loans in a
federal Direct
Consolidation Loan and then repay the new consolidation loan under an Income Contingent Repayment (ICR) plan, the least generous
Consolidation Loan and then repay the new
consolidation loan under an Income Contingent Repayment (ICR) plan, the least generous
consolidation loan under an Income Contingent Repayment (ICR) plan, the least generous of all plans.
However, unlike
federal student loan
consolidation, refinancing is
only available through a private lender and all student loans are eligible.
First, if you have
Federal student loans, you
only have one way to consolidate these loans: a Direct
Consolidation Loan.
Student loan
consolidation typically refers to
federal student loans
only.