Consolidation

If you have several federal education loans, you may be able to combine — or consolidate — them into one loan. In doing so, you could:

lower your monthly payment,
lock in a fixed interest rate, and
combine multiple loan balances to make just one monthly payment.

Because consolidation is often a one-time decision, you’ll want to learn as much as you can before deciding. TG offers you a resource for exploring your consolidation options, provides an overview of the consolidation process, and answers common questions about consolidation.