By combining your federally funded student loans into a single new loan, a student loan consolidation reduces the number of payments you have to worry about each month. Combined with declining interest rates, your monthly payment may also drop significantly.
The following student loans are eligible for student loan consolidation:
Several consolidation agencies exist. Five agencies included are:
*Please note, consolidation agencies that are notated with an asterisk, also accept non-federal loans (e.g. university funded student loans).
Network Loan Consolidation
AES - Guaranty Services
1200 N 7th Street
Harrisburg PA 17102-1444
phone: 800-338-5000
web-site: http://www.aessuccess.orgU.S. Department of Education
Consolidation Department
Loan Origination Center
PO Box 242800
Louisville KY 40224-2800
phone: 800-557-7392
web-site: http://www.loanconsolidation.ed.gov*Key Education Resources
Email: EducationRes@keybank.com.
phone: 800-539-5363
web-site: http://www.key.com/templates/t-ps2.jhtml?nodeID=H-1.37*Collegiate Funding Services
10304 Spotsylvania Avenue, Suite 100
Fredericksburg VA 22408
phone: 800-762-6441 or 540-374-1600
fax: 540-368-5972
web-site: http://www.cfsloans.com
This information is available in alternative format upon request