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!
Before completing a consolidation application, carefully consider the following information to determine whether loan consolidation is the
best option for you.
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
submit your Request to Add Loans form to:
Direct Consolidation Loan
A Direct Consolidation Loan allows you to consolidate (combine) multiple federal education loans into one loan. Loan
consolidation can provide access to additional loan repayment plans and forgiveness programs. You can also choose to
have your new consolidation loan serviced by MOHELA. The entire process typically takes between four and six weeks from
the date your application is received.