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.

Not sure who holds (or collects on) your federal student loans?
click here for some important resources