Student Loan Consolidation

Student loan consolidation is a practical repayment tool that combines your student loans into one master loan, significantly reducing your monthly payment (up to 50% in some cases!). Take a look at how much you can save each month with our student loan consolidation calculator.

Federal Loan Consolidation

Consolidating your federal student loans can reduce your monthly payment. You can e-Sign your application online and be finished in minutes.

Private Loan Consolidation

Some private student loan program offers interest rate reductions for on-time and automatic payments and there are no pre-payment penalties.

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How much can you save each month?

If you consolidate student loans right now, you could save hundreds of dollars a month. Here's a quick chart showing how much you could save on your monthly payments:

Total Loans	Current Payment	After Consolidation	Monthly Savings
$30,000.00	$345.24	$229.00	$116.24!
$40,000.00	$460.32	$277.63	$182.69!
$50,000.00	$575.40	$347.04	$228.37!
$75,000.00	$863.10	$488.94	$374.16!
$100,000.00	$1,150.80	$651.93	$498.88!
Consolidate Your Student Loans!

Savings shown are based on the current Stafford Loan interest rate of 6.8%; borrowers in grace periods, with student loans other than Stafford (i.e. PLUS or Perkins loans), or with Stafford Loans older than July 1, 1998, will have different interest rates.

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Student Loan Consolidation Blog

It’s July 23rd, Do you know where your loans are?

 -  Did you know that because nearly all private student loans have variable APRs, your interest rate could have changed several times in the past 2 years?

Confused about reform and consolidation?

 -  If you’ve heard the word about the reform currently in progress across the country, you probably are aware of the end of the FFEL program and exclusive federal consolidation returning...