Loan Consolidation

  • Loan consolidation is one of the repayment options available under the terms and conditions of your Federal Stafford Loans.
  • A refinancing of your existing federal student debt: a single new loan to pay off the individual original federal loans (not private loans).
  • Consolidation terms and conditions are similar but not identical to the original Federal Stafford loan.
  • Consolidation may not be right for every one. Please carefully consider all of your options before making a decision!
  • Contact you current lender(s) or servicer(s) for specific information and with specific questions.
  • The Office of Financial Aid CANNOT decide for you, nor can it answer WHAT a given lender/servicer will actually do.
  • The loan exit materials sent to you in the spring contained lender/servicer contact information as well as websites for calculators, financial planning, etc.
  • If lost or misplaced, we can send out a duplicate set - email requesting either an undergraduate or graduate exit packet. Please include a current address!
  • The Office of Financial Aid is in its PEAK period in preparation for the start of the school year. We cannot handle one-on-one consolidation phone conversations and/or appointments. Please contact your lender for more specific information.