How to Consolidate Federal Student Loans

Gather all educational loan documents. You will need to list all of your educational loans on the application and indicate which ones you would like to consolidate. Loans not included in the consolidation may still be considered in determining your repayment period.

Use the Federal Direct Loans Consolidation Online Calculator to determine what your monthly payments will be. There are four plans to choose from, so check each one and select the one that best suits your needs.

Apply for a PIN number through the Department of Education Financial Aid website if you do not already have one. You will need this to complete and electronically sign your application and promissory note.

Fill out your application online by going to the Federal Direct Consolidation Loans Borrower Services website and clicking on the "Apply Online and E-sign Your Promissory Note" link. Alternately, you can start the application process via phone by calling 800-557-7392.

You can also download a paper copy of the application to be completed by mail.