Federal Consolidation Loan is a federally-backed loan that allows parents and former students to consolidate qualifying federal education loans into a single loan, reduce monthly payments, choose a flexible repayment plan, and lock in today's low rates for the rest of their term. It's free to apply for consolidation and does not require any credit checks.
Student Loan Solutions offers many options when it comes to consolidating your student loans. Contact us today to speak with one of our Student Loan Consolidation specialists.
Learn more.
Eligibility Requirements
Federal Consolidation Loans are available to parents and former students who meet the following eligibility requirements:
At least $20,000 in federal education loans
Not previously consolidated or have a new loan to add (Example: You consolidated your undergraduate loans, but you have new graduate loans to add.)
Loans are in active repayment, deferment, forbearance or a six-month post-graduation grace period
Loans not "in-school" (Example: If you are a parent with loans, you can consolidate 91
Student Loan Solutions offers many options when it comes to consolidating your student loans. Contact us today to speak with one of our Student Loan Consolidation specialists.
Learn more.
Eligibility Requirements
Federal Consolidation Loans are available to parents and former students who meet the following eligibility requirements:
At least $20,000 in federal education loans
Not previously consolidated or have a new loan to add (Example: You consolidated your undergraduate loans, but you have new graduate loans to add.)
Loans are in active repayment, deferment, forbearance or a six-month post-graduation grace period
Loans not "in-school" (Example: If you are a parent with loans, you can consolidate 91
days after disbursement. If you are student, you can consolidate after graduation.) Type of loans eligible for consolidation
DSS- Direct Subsidized Stafford Loans
DUS- Direct Unsubsidized Stafford Loans
DPLUS- Direct PLUS Loans
DUCON- Direct Unsubsidized Consolidation Loan, including Direct PLUS Consolidation Loans
SS-Subsidized Federal Stafford Loans, formerly Guaranteed
Student Loans (GSL)
US - Unsubsidized and Nonsubsidized Federal Stafford Loans
NSL-Federal Nursing Loans
PERK- Federal Perkins Loans, formerly Nations Defense/National
Direct Student Loans (NDSL)
PLUS- Federal PLUS (Parent) Loans
SCON- Subsidized Federal Consolidation Loans
UCON- Unsubsidized Federal Consolidation Loans
SLS- Federal Supplemental Loans for Students (formerly Auxiliary Loans to Assist Students (ALAS) and Student PLUS Loans
DSS- Direct Subsidized Stafford Loans
DUS- Direct Unsubsidized Stafford Loans
DPLUS- Direct PLUS Loans
DUCON- Direct Unsubsidized Consolidation Loan, including Direct PLUS Consolidation Loans
SS-Subsidized Federal Stafford Loans, formerly Guaranteed
Student Loans (GSL)
US - Unsubsidized and Nonsubsidized Federal Stafford Loans
NSL-Federal Nursing Loans
PERK- Federal Perkins Loans, formerly Nations Defense/National
Direct Student Loans (NDSL)
PLUS- Federal PLUS (Parent) Loans
SCON- Subsidized Federal Consolidation Loans
UCON- Unsubsidized Federal Consolidation Loans
SLS- Federal Supplemental Loans for Students (formerly Auxiliary Loans to Assist Students (ALAS) and Student PLUS Loans
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