Student Loan Consolidation FAQs


Can I consolidate a Plus Student Loan?

Yes, but only under the Standard or Graduated Repayment Plan.

Can I consolidate a Perkins Student Loan?

Yes, but only if you include a Stafford Student Loan in the consolidation along with the Perkins Loan.

Can I consolidate if I am a student?

Only if you consolidate your student loan before July 1, 2011 and meet the following requirements: Direct Student Loan Program FFEL Program loan that has been purchased by the U.S. Department of Education FFEL Program loan held by an eligible lender.

Can I consolidate my student loan if I am in default or being garnished?

Yes, but only the under the Income Based or Income Contingent Repayment Plan. This will actually bring your loan out of default and stop any wage garnishment.

Can I consolidate my student loans if they are in the grace period?

Yes, but unless you wait until you are in the fourth month of your grace period, you will lose your grace period.

Can I consolidate an existing Consolidation Student Loan?

Yes under the following 3 conditions: If you are adding in at least one other FFEL or Direct Loan into the consolidation. If your Consolidation Student Loan is in default. If you intend on applying for the Public Service Loan Forgiveness Program

Can I consolidate my student loan jointly with my spouse?


How long does it take to consolidate my student loans?

60 to 90 days

When can I expect my first monthly payment to be due?

Within 60 days from the first disbursement of their Direct Consolidation Student Loan.

Can I prepay my student loan?

Yes, you can prepay all or part of the loan balance without penalty.

Can I add a student loan onto the consolidation after I consolidate?

Yes, you can fill out an add on form with the Loan Holders information within 180 days from consolidating. After 180 days you would be required to complete the student loan consolidation process over again.

Phone Number:
Student Loan
Debt Amount:

Privacy Policy


Professional Service

asdf  Forgiveness Repayment Enrollment.

afdsa  Teacher Student Loan Forgiveness.

afdsa  Student Loan Consolidation.

asfdas  Garnishment Release Assistance.

afdsa  Default Resolution.


Home | Forgiveness Eligibility| FAQ | Privacy Policy