After your spouse co-signs the Income-Driven Repayment Plan Request portion of your Direct Consolidation Loan Application, we will e-mail you.
If you are required to complete an Income-Driven Repayment Plan Request with alternative documentation as part of your consolidation application, you will need to take action after your spouse co-signs.
Are you tired of managing multiple federal student loan payments with multiple interest rates or multiple servicers? The online application should then only take you about 30 minutes to complete.
Who will I work with after you send my application to my consolidation servicer?
Once we send your Direct Consolidation Loan Application and Promissory Note package to the consolidation servicer you select, you will work with your servicer for all consolidation-related needs.
If you prefer, you may complete a paper version of the Federal Direct Consolidation Loan Application and Promissory Note. We will send your Federal Direct Consolidation Loan Application and Promissory Note to the federal loan servicer you choose to complete the consolidation and service your new Direct Consolidation Loan.
Your unique situation will determine whether you, or in some cases your spouse, must complete other actions.
When you apply, you can choose one of the listed federal loan servicers—including Great Lakes—to complete the consolidation and then service your Direct Consolidation loan. For loans consolidated and serviced by Great Lakes, you'll receive your first communications from us within one-to-two business days after submitting your online application.
You'll also be able to view your application's progress on your account.Your servicer will contact you and let you know if additional information is needed to complete the processing of your consolidation application.Your servicer will also contact each holder of the loans you want to consolidate to verify that the loans are eligible for consolidation and to confirm the payoff amount.Finding the right bank to refinance or consolidate your student loans is confusing.Fortunately, we’ve highlighted the six best banks and lenders to help you refinance and consolidate both private and federal student loans, based on your financial situation.This report was not chartered by or created on behalf of any lender listed below.