Student Loan Consolidation

Student Loan Consolidation is a practical repayment tool that bundles all your school loans into one loan, significantly reducing your monthly payment. Take a look at how much you can save each month with our student loan consolidation calculator.

Private Student Loan Consolidation

A private consolidation loan from Student Loan Consolidator can cut your monthly loan payments nearly in half by combining all your private student debt into one easy to manage loan.

* Lower your monthly payment amount as much as 45% in the first year*
* A 0.25% interest rate reduction for automatic checking account withdrawal
* No application fees, No prepayment penalties
* Conditional pre-approval decision within minutes online or by phone

Get The Lowest Rate Possible - Apply With A Co-Signer

Applying with a qualified co-signer can greatly increase your chances for approval. A co-signer with great credit could help you get a better interest rate. And with our co-signer release program, you can remove the co-signer after 48 on-time payments

How Much Can You Save Each Month?

If you consolidate your private student loans right now, you could save hundreds of dollars each month. Here's a quick chart showing how much you could save on your monthly payments:
Loan Amount Assumed Current Payment* Year 1 Monthly Payment Monthly Savings Annual Savings
$30,000.00 $289.11 $158.22 $130.89 $1,570.68
$50,000.00 $482.85 $263.69 $218.16 $2,617.92
$75,000.00 $722.77 $395.54 $327.23 $3,926.76
$100,000.00 $963.70 $527.38 $436.32 $5,235.84

*Assumes underlying loans are accruing interest at 1-month's LIBOR (5.33%) plus an assumed margin of 4.65% for a coupon rate of 9.98% for a 20 year term

Other Benefits of Private Student Loan Consolidation:
* Co-signer release after 48 on-time payments
* Fast and convenient online loan application
* Interest-only payments available for the first 24 months of repayment
* Interest payments may be tax deductible (consult your tax advisor)

Federal Student Loan Consolidation

Federal Loan Consolidation

Learn about federal student loan consolidation

Consolidating your federal student loans can reduce your monthly payment up to 53%. You can eSign your application online and be finished in minutes.
Private Loan Consolidation

Federal Student Loan Consolidation

Federal student loan consolidation is a fixed-rate refinancing program that combines all of your existing federal student loans into one new loan. Consolidation is a great tool for managing your finances - providing immediate payment relief and long term benefits. With our fast and convenient eSignature, your application will be complete in just a few minutes.

* Cut your monthly student loan payment by as much as 50%
* Simplify your finances with one monthly payment
* Improve your credit rating
* No credit checks, fees, or application charges
* Reduce your interest rate 0.6% by consolidating during your grace period

Federal Student Loan Consolidation Payment Relief


One of the key benefits of consolidating your federal school loans is payment relief. By combining all of your student loans into one consolidated loan, you can lengthen your repayment term from the standard 10 years to up to 30 years, depending on the amount of your education debts. With a lower monthly payment, you'll have more money available to meet other living expenses, including car payments, housing expenses, and career-related necessities. Because there are no penalties for overpayment, you can make larger payments and reduce your repayment term when it becomes affordable. Learn more about how student loan consolidation works in this step-by-step tutorial.


Consolidating with Student loan Consolidator

Get one-on-one personalized customer service. Our loan counselors will educate you on the benefits of federal student loan consolidation and help you determine if consolidating is the right choice. We will explain the consolidation process and the repayment options that are available to you.

What Qualifies for Federal Student Loan Consolidation?

Federal loan consolidation can include Federal Stafford Loan consolidation, PLUS Loan consolidation, Direct Loan consolidation as well as Perkins Loans, HEAL Loans and all Federal FFELP and Direct Loans taken to pay for your education. Private student loan consolidation is different - You will lose your federal loan benefits if you consolidate your federal loans into a private loan consolidation.