Consolidation Loan Program

Consolidation Loans may be arranged to combine loans made to a student under Title IV programs. These loans provide repayment periods appropriate for the total amount outstanding. For example, a student whose total loan debt exceeds $7,500 may be given a repayment period longer than 10 years. Repayment of a Consolidation Loan must begin within 60 days after the selected loans have been consolidated. Students must contact their lenders to find out if they qualify for a Consolidation Loan.