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Most federal education loans are eligible for consolidation, including subsidized and unsubsidized Direct Loans and Federal Perkins Loans. Private education loans (alternative loans) are not eligible for consolidation with your federal loans. Parent borrowers can consolidate their PLUS loans if they have borrowered for more than one child.
Before deciding on applying for a consolidation loan, investigate the regular repayment options available and fully understand the advantages and disadvantages of consolidation. Look into the Interest Rate, Repayment Period, Costs of a Consolidation Loan among others.
To obtain a complete list of the federal student loans that can be consolidated and for complete information on loan consolidation, contact the Direct Loan Origination Center's Consolidation Department at 1-800-557-7392, or visit loanconsolidation.ed.gov.
Private Student Loans