To be eligible for a federal consolidation loan you must:
Have $20,000 or more in Federal Loans
Not be currently in default on a Federal student loan.
The following Federal Loans are eligible for consolidation:
SS - Subsidized Federal Stafford Loans & Guaranteed Student Loans (GSL)
DSS - Direct Subsidized Stafford Loans
DUS - Direct Unsubsidized Stafford Loans
DPLUS - Direct PLUS Loans
DUCON - Direct Unsubsidized Consolidation Loan, including Direct PLUS Consolidation Loans
US - Unsubsidized and Nonsubsidized Federal Stafford Loans
NSL - Federal Nursing Loans
PERK - Federal Perkins Loans, formerly Nations Defense/National Direct Student Loans (NDSL)
PLUS - Federal PLUS (Parent) Loans
SCON - Subsidized Federal Consolidation Loans
UCON- Unsubsidized Federal Consolidation Loans
SLS - Federal Supplemental Loans for Students (formerly Auxiliary Loans to Assist Students (ALAS) and Student PLUS Loans)
Call to talk to an expert loan advisor at (800) 821-5659 or email us if you have any queries about federal loan consolidation eligibility or details about your own loans.
How EdFed Helped others!
I was actually considering filing for bankruptcy because of the extreme debt I had incurred in veterinarian school EdFed was able to reduce my debt by $40,362. Edfed saved my finances and for that, I thank them.
- Brad O Colorado Springs, CO