Loan consolidation
A page within Financial Aid
Consolidation lets the borrower combine all of their Direct and/or Stafford loans into a single loan.
Students who are in school are not eligible to consolidate their loans.
Students may consolidate while they are either in their grace period or in repayment. Consolidating during a grace period can result in losing some of the grace period but waiting until the loans are in repayment will result in a higher interest rate.