Consolidation Student Loan?

A Federal Consolidation Loan is part of the family of loans available under the Federal Family Education Loan (FFEL) program as authorized by the Federal government. The Federal Consolidation Loan program was established by Congress to help student borrowers manage the burden of Federal student loan debt.

With a Federal Consolidation Loan, you can combine all or some of your outstanding education loans into a single new loan, even if your loans are currently held by more than one lender and are of different loan types. By consolidating your student loans you can also choose a flexible repayment term and then fix today's low interest rates for the life of your loan. To see if you are eligible,

By consolidating your loans, you can reduce your interest rates by up to 1.25%. Plus, there are additional savings of up to 0.60% if you consolidate your loan within your Grace Period (i.e. the period after you graduate and before you begin repaying your loans). When you apply for consolidation, there are no fees or credit checks.