Direct Consolidation Loan

A Direct Consolidation Loan combines multiple federal student loans into a single loan with one monthly payment and a fixed interest rate — the weighted average of your original rates, capped at 8.25%.

Who qualifies

• You have two or more federal student loans, including FFEL or Perkins loans you want to make PSLF-eligible.
• You want a single monthly payment instead of managing several servicers.
• You want access to income-driven plans or PSLF for loan types that otherwise don't qualify.

How National Advisory helps

We determine whether consolidating actually helps your situation (it can reset a forgiveness clock in some cases), prepare the consolidation application, and make sure your new loan lands on the repayment plan that fits your goals.