What is Loan Consolidation?

If you have multiple student loans you may be able to combine them into one loan with a fixed interest rate based on the average of the interest rates on the loans being consolidated. Learn more about loan consolidation.

A Direct Consolidation Loan allows you to consolidate multiple federal education loans into one loan at no cost to you.

Through your completion of the free Federal Direct Consolidation Loan Application and Promissory Note, you will confirm the loans that you want to consolidate and agree to repay the new Direct Consolidation Loan.

Once the consolidation is complete, you will have a single monthly payment on the new Direct Consolidation Loan instead of multiple monthly payments on the loans you consolidated.

Alert! On Oct. 6, 2021, the U.S. Department of Education announced a temporary period during which borrowers may receive credit for payments that previously did not qualify for PSLF or TEPSLF. Learn more about this time-limited opportunity.

OMB No. 1845-0053 Form Approved

Who should complete this?

    Borrowers who want to consolidate their federal student loans and borrowers who have outstanding FFEL or Perkins loans and want to take advantage of the Limited PSLF Waiver.

    Note: There is no application fee to complete a Direct Consolidation Loan application. You may be contacted by private companies that offer to help you consolidate your loans, for a fee. These companies have no affiliation with the U.S. Department of Education (ED) or ED's Federal Loan Servicers.

How long will it take?

The entire Loan Consolidation process must be completed in a single session. Most people complete the process in less than 30 minutes.

Don't want to use the electronic application?


FedLoan Servicing (PHEAA)
FedLoan Consolidation Department
PO Box 69186
Harrisburg, PA 17106-9186 USA
c/o Navient LCP - E1140
PO Box 8007
Fishers, IN 46038-8007 USA
OSLA Servicing
c/o Navient LCP - E1140
PO Box 8009
Fishers, IN 46038-8009 USA
c/o Navient LCP - E1140
PO Box 8008
Fishers, IN 46038-8008 USA
Attn: ED Loan Consolidation
PO Box 8010
Fishers, IN 46038-8010 USA
PO Box 82658
Lincoln, NE 68501-2658 USA
Great Lakes Educational Loan Services, Inc.
Consolidation Department
PO Box 8956
Madison, WI 53708-8956 USA