Are You Eligible?

You may consolidate your student loans if you:

  • Are no longer enrolled more than half time in school
  • Are in repayment or in a loan grace period (normally 6 months after leaving school)
  • Have not previously consolidated your loans

Loans eligible for consolidation:

  • Federal Subsidized and Unsubsidized Stafford Loans
  • Federal Direct Loans
  • Federal Parent Loans for Undergraduate Students (PLUS)
  • Supplemental Loans for Students (SLS)
  • Federal Perkins Loans
  • Federally Insured Student Loans (FISL)
  • Health Professions Student Loans (HPSL)
  • Health Education Assistance Loans (HEAL)
  • Nursing Student Loans (NSL)


More About Federal Consolidation Loans
» Apply Online and lock in at the lowest rates in history

» Before and After
» Eligibility
» Loan Amounts
» Rates, Fees and Terms
» Top Questions about Consolidation Loans

Download a PDF Federal Consolidation Loan Application


* Please be aware that while we continue to offer Private Student Loans and Private Consolidation Loans, NextStudent is not currently able to accept any new PLUS, Grad PLUS, Stafford, or Federal Consolidation Loan applications.

On October 1, 2007, legislation went into effect that cut $21 billion in subsidies to FFELP lenders like NextStudent. We have been searching, and continue to search, for avenues that would allow us to keep offering FFELP loans. But at this point, until market and regulatory conditions change, we find ourselves forced to suspend our federal education loan programs.

We value your business, and we want to make sure you’re able to get the money you need to pay for school. We encourage you to take advantage of college scholarships and your available federal financing options. But if you’re still in need of a parent or student loan, please give us a call, and we’ll do what we can to help.

Helpful Resources

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Last updated Saturday, May 10, 2008