Consolidation | Learn More

Students have the option to consolidate their Federal Student Loans and lock in a fixed interest rate by consolidating multiple student loans into a single loan once they finish school; however, loan consolidation is not a one-size-fits-all option. There are lots of things to think about and consider before jumping into consolidation. Don't feel rushed into anything! You can always consolidate, but you may feel the pressure to lock into today's interest rates.

Prior to consolidation you will need your complete borrowing history. You can retrieve this information from the National Student Loan Data System by visiting their website and selecting "Financial Aid Review" (FAFSA PIN required).

Note: Please be aware that the PSU Financial Aid Office is generally not involved in the consolidation process and can not counsel students on which offers are advantageous.

Guarantee agencies are a good place to start and familiarize yourself with the aspects of consolidation. Listed below are links to our Guarantors and Direct Loan Servicing loan consolidation programs. Use these resources to perform your own comparisons and see which consolidation program will work for you. Please thoroughly research any lender with whom you choose to consolidate.

Guarantors:

NELA

EdFund

Direct Loan Servicer