Department education consolidating federal loans
To request technical assistance while signed in and completing the Federal Direct Consolidation Loan Application and Promissory Note online, select the “Contact Us” tab in the top menu bar of Student From there, you can either complete and submit the feedback form or select “Additional Information” and contact the Student Loan Support Center at the phone number provided.
Maximum Loan Amount: None Interest Rate: Weighted average interest rate on the loans being consolidated, rounded to the nearest one-eighth of 1 percent, not to exceed 8.25 percent.
Currently, the interest rate is fixed for the life of the loan.
A complete list of the federal student loans eligible for consolidation is available in the application.
Top A Direct Consolidation Loan has a fixed interest rate for the life of the loan.
You can also consider deferment or forbearance as options for short-term payment relief needs.