Student Loan Consolidation Information

Student loan consolidation helps students combine multiple student loan payments into one manageable payment, while substantially lowering the monthly payment amount. Two different types of student loan consolidation exist, federal student loan consolidation and private student loan consolidation.

Consolidate Federal Student Loans

If you have federal student loans (Stafford loans, PLUS loans) you may be able to lower your payments by as much as 60% and combine your various loans into one easy payment.

Consolidate Private Student Loans

Non-government loans (private student loans) have to be consolidated separately from federal student loans. Private student loan consolidation with extended repayment period may help to lower your monthly payment. Simplify your monthly bills by combining multiple monthly student loan payments into one.

^* Think Financial refers applications to Simple Tuition, a leading student loan comparison site, and is paid a fee for this referral.