A Direct Consolidation Loan allows you to combine multiple federal student loans into one loan, one payment and one fixed interest rate. If
you decide to consolidate, you can choose your servicer – Good News, MOHELA can be your choice! The entire process typically takes between four and six
weeks from the date your application is received.
Before completing a consolidation application, carefully consider the following information to determine whether loan consolidation is the
best option for you.
Alert! On Oct. 6, 2021, the U.S. Department of Education announced a temporary period during which borrowers may receive credit
for payments that previously did not qualify for PSLF or TEPSLF.
Learn more about this time-limited opportunity for PSLF or TEPSLF.
Checklist to Assist with Deciding if Consolidation is the Best Option for You:
Learn more about student
loan consolidation about student loan consolidation or complete an application to consolidate your loans.
Ways to Apply for Consolidation
If you decide to submit a consolidation request, please continue to make payments until you receive notification that the consolidation has been completed.
Adding Loans to Your Direct Consolidation Loan
You may request to add more eligible loans to a new Direct Consolidation Loan within 180 days of the consolidation being made (disbursed). Please
Request to Add Loans form