Student loan consolidation is a fixed-rate student loan refinancing program that combines all of your existing federal student loans into one new loan. Consolidation is a great tool for managing your finances – providing lower monthly payments and long term benefits.

Student Loan Consolidation is a practical repayment tool that combines all of the student loans you received to finance your college education into one loan. When your new consolidation loan is issued, the lender pays off the outstanding balances for all your previous student loans. In essence, student loan consolidation is a refinancing tool for your education debt.

Refinancing can significantly reduce your monthly payment burden by stretching your repayment period from the standard 10 years to up to 30 years, depending on how much you owe.

Learn how to Consolidate your loan.

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