Direct Loan Consolidation
Consolidation Benefits:
- Ascendium Education Solutions guarantees Federal Family Education Loan Program (FFELP) loans.
Direct Loans have benefits FFELP loans do not, including access to more repayment plans and Public Service Loan Forgiveness.
- Consolidation removes defaulted FFELP loans from default and places them in good standing with a Department of Education servicer.
Except for FFELP loans in default, there is no cost or fee to consolidate. Consolidating defaulted FFELP loans may add collection costs to the balance.
You can learn more about Direct Loan consolidation and do it
here.