What is it?
A means of combining all of your federal student loans under a single repayment schedule.

When is it a good idea?
When you:

	Have a lot of education debt, and/or
	Have more than one loan servicer.

When is it not a good idea?
When, despite your high education debt, you are able to afford your monthly payments. Consolidation will most likely cause your payment term to increase.

How do I apply for a consolidation loan?
Contact your current lender to see if they offer consolidation loans.

To learn more about consolidation loans, click here.

If a consolidation loan is not the best option for you, click below to return to the questionnaire to make another selection.