Make repaying your student loans easy.
Consolidate your eligible federal student loans and get one easy-to-manage loan with a single, fixed monthly payment.
Which student loans can I consolidate?
You can consolidate any Title IV federal student loans, including:
- Federal Subsidized and Unsubsidized Stafford Loans
- Federal PLUS Loans
- Federal Grad PLUS Loans
- Federal Perkins Loans
- Federal Direct Loans
To be eligible for consolidation with NextStudent, your student loans must be in a grace period, in repayment, in forbearance or in deferment. You won’t be able to include any student loans that are currently in default in yourstudent loan consolidation.
How much can I consolidate?
As long as you have at least $20,000 in qualifying federal college loans, you’re eligible for a student loan consolidation from NextStudent.
You can consolidate ALL your outstanding student loan debt-there’s no maximum student loan amount for federal student loan consolidation.
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 student loan consolidation, then absolutely! You’re ready to consolidate your student loans again.
But if all your student 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.
Can I consolidate my federal student loans with my parents’ PLUS loans?
No. You can consolidate your student loans into one consolidation loan, but each of your parents will need to consolidate her or his PLUS loans into another consolidation loan.
My parents each have PLUS loans. Can they consolidate their PLUS loans together?
No. Each one of your parents can consolidate her or his own PLUS loans, but they can’t consolidate their PLUS loans together.
Why student loan consolidation?
Who qualifies for consolidation?
How do I apply?
How much does a Federal Consolidation Loan cost?
What’s my interest rate?
What are my repayment options?
Federal Consolidation FAQs
