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Federal Loan Consolidation
Federal student loan borrowers - those leaving school may want to consider loan consolidation. Eligible loans include:
- Stafford Student Loans (Subsidized and Unsubsidized Loans)
- Parent PLUS Loans
- Perkins Loans
- Nursing Loans
Things to Consider:
- What are the interest rates?
- What other borrower incentives are available?
- What do you need to do to qualify for the incentives?
- What are my responsibilities?
- What are my repayment options?
- Consolidation means you only have to make one payment
- Perkins and Nursing loans have a fixed interest rates of 5%
Many lenders participate in Federal Loan consolidating and offer a number of Borrower benefits. For your convenience we are providing links to several different lenders listed below. NAU is a direct lending institution, and we recommend that you check out Direct Lending's consolidation options.
You may have several options for consolidation, depending on the types of loans you have borrowed. We encourage you to examine all available options
To help you determine if consolidation is right for you, and for more detailed information about consolidation, check out the following websites.
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© 2006 Arizona Board of Regents.
Northern Arizona University, South San Francisco Street, Flagstaff, Arizona 86011
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