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General Program Requirements

Most Federal student loans are eligible for consolidation, including subsidized and unsubsidized Direct and Federal Family Education (FFEL) Stafford Loans, Direct and FFEL PLUS Loans (parent loans), Federal Perkins Loans, Federal Nursing Loans, and Health Education Assistance Loans. Private educational loans are NOT eligible for a Federal loan consolidation.

You can get an FFEL consolidation loan during your grace period, once you have entered repayment, or during periods of deferment or forbearance. Borrowers who are in default must meet certain requirements before they can consolidate their loans.

Who is Eligible for a Federal Student Loan Consolidation?

Consolidation Loans are available to most borrowers of Federal education loans and come from one of two sources:

  • Direct Consolidation Loans are made by the U.S. Department of Education whom you repay.
  • Federal Consolidation Loans are made through the Federal Family Education Loan (FFEL) Program.

Whether you receive a Direct or FFEL Consolidation Loan depends on which program you choose. In either case the terms of the loan(loan amounts, interest rate, and other benefits) are generally the same.

Which Loans are Eligible and Non-Eligible?

Eligible Loans:

  • Subsidized Federal Stafford Loans
  • Direct Subsidized Loans
  • Subsidized Federal Consolidation Loans
  • Direct Subsidized Consolidation Loans
  • Federal Insured Student Loans (GSL)
  • Guaranteed Student Loan (GSL)
  • Unsubsidized and Nonsubsidized Federal Stafford Loans
  • Direct Unsubsidized Loans, including Direct Unsubsidized Loans (TEACH) (converted from TEACH Grants)
  • Unsubsidized Federal Consolidation Loans
  • Direct Unsubsidized Consolidation Loans
  • Federal PLUS Loans (for parents or for graduate and professional students)
  • Direct PLUS Loan (for parents or for graduate and professional students)
  • Direct PLUS Consolidation Loans
  • Federal Perkins Loans
  • National Direct Student Loans (NDSL)
  • National Defense Student Loans (NDSL)
  • Federal Supplemental Loans for Students (SLS)
  • Parent Loans for Undergraduate Students (PLUS)
  • Auxiliary Loans to Assist Students (ALAS)
  • Health Professions Student Loans (HPSL)
  • Health Education Assistance Loans (HEAL)
  • Nursing Student Loans (NSL)
  • Loans for Disadvantage Students (LDS)