A Direct Consolidation Loan

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Posted on December 22, 2018 at 05:12 AM

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Additional Considerations Private Education Loans. You are not able to include private education loans in a Direct Consolidation Loan. However, those balances may be included in the debt not to be consolidated. Adding those balances may extend the repayment term on your Direct Consolidation Loan, as long as the total amount of the loans not being consolidated doesn't exceed the total amount ...
Am I Eligible for Public Loan Forgiveness? – Forgive My ...
Does Your Loan Qualify? One of the biggest barriers to enrollment in Public Service Loan Forgiveness is not having the right type of loan. Only Direct Loans are eligible for Public Service Loan Forgiveness.. There are different types of federal student loans, but as long as the word “Direct” appears in the name of the loan you should be good:
Consolidating federal student loans
Consolidation is similar to refinancing a loan. You can consolidate all, just some, or even just one of your student loans. Consolidating federal student loans may be a good strategy to lower monthly payments or to get out of default, but it is not always a good idea.

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