How to consolidate your student loans

Understanding the timeline for student loan consolidation can help  you manage your loans and avoid accidentally missing a payment.

What Is Student Loan Consolidation?

Student loan consolidation typically refers to combining multiple student loans into one to simplify repayment.

Federal loan consolidation involves replacing one or more of your  federal loans with a Direct Consolidation Loan. It can be helpful for a  few reasons.

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Federal loan consolidation

Private loan consolidation

Private loan consolidation refers to refinancing one or more of your  student loans with a private lender, such as a bank or credit union.

You can apply for Direct Loan Consolidation at no cost on the Federal Student Aid website.

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How to Consolidate Student Loans

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