It is best to learn about consolidation so you can learn about the pros and cons and decide if Direct Consolidation Loan is best for you.
When am I able to consolidate my loans?
After you graduate, leave school, or drop below half-time enrollment is when you are eligible for consolidation.
What if I have federal student loans that are with different loan servicers?
Actually, consolidation would be simplifying loan repayment by giving you a single loan with just one monthly bill.
What if I am being contacted by private companies that offer help applying for a Direct Consolidation Loan for a fee?
Those companies have no affiliation with the US Department of Education loan servicers and there is no reason to pay anyone for assistance.
Could I apply for a Direct Consolidation Loan online?
Yes, you can complete and submit an application for Direct Consolidation online or if need be you can download and print a paper application for submission by mail.
Did you submit your application electronically or by mail yet?
Yes, I have submitted the application electronically.