No credit checks. No need for co-signers.
Federal Student Loan Consolidation isn’t credit-based or need-based. That means there’s no credit check when you apply for your student loan consolidation from NextStudent, so you don’t need to worry about credit problems, income or finding a co-signer.
It also means student loan consolidations aren’t made on the basis of financial need, so it doesn’t matter how much money you make.
If you meet the eligibility requirements and if you have eligible federal student loans, you qualify for a Federal Consolidation Loan. It’s that easy!
Want to see if you qualify?
Am I eligible?
To qualify for a federal student loan consolidation with NextStudent, you only need to meet these eligibility requirements:
- No longer in school or attending less than half time
- U.S. citizen or permanent resident
But if you’re a parent consolidating PLUS loans, it doesn’t matter if your kids are still in school full time-you can consolidate your PLUS loans as soon as your PLUS loans go into repayment.
Are my student loans eligible?
To be eligible for student loan consolidation with NextStudent:
- Your student loans must be in a grace period, or in repayment, forbearance or deferment.
- You won’t be able to include any student loans that are currently in default.
Meet these requirements? You’re ready to start!
Which student loans can I consolidate?
- Federal Subsidized and Unsubsidized Stafford Loans
- Federal PLUS Loans
- Federal Grad PLUS Loans
- Federal Perkins Loans
- Federal Direct Loans
- and any other Title IV federal college loans!
I already consolidated my student loans. Can I consolidate them again?
It depends. If you’ve taken out a new parent or student loan since you consolidated, or if one of your student loans was left out of the original student loan consolidation, then absolutely! You’re ready to consolidate again.
But if all your college loans were already consolidated and you haven’t taken out any new student loans since then, you won’t be able to re-consolidate.
I only have one student loan. Can I still consolidate?
Yes! Even if you only have one federal student loan, you can still consolidate that student loan and take advantage of all the benefits of federal student loan consolidation with NextStudent.
Ready to consolidate?
Why student loan consolidation?
Which college loans can I consolidate?
How much does student loan consolidation cost?
What are my repayment options?
Student Loan Consolidation FAQs
