Consolidating student loans from sallie mae

21-Dec-2015 14:08

If students want to consolidate other federal student loans with Sallie Mae loans, they have to apply directly to the U. Department of Education's Federal Student Aid division.

Sallie Mae used to allow student-borrowers to apply for the consolidation of federal loans directly, but this is no longer the case.

If this is the case, the consolidated loan and resulting repayment plan are managed by that private institution.

If a student wants to lower the monthly payments of a federal loan but does not want to consolidate, he has a few options.

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Additionally, Sallie Mae used to offer private loan consolidation but does not offer this option anymore.

Students can still consolidate private loans through the use of a private financial institution.

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