Consolidating loans with department of education

There are two types of Stafford Loans: subsidized and unsubsidized.

If you’re financially dependent but your parents are ineligible for Parent PLUS loans, you’re permitted the same maximum loans as if you were independent.

The Direct Consolidation loan is a fixed-interest loan with flexible options, based on your ability to repay.

There is no fee to consolidate, though you can only do it once.

If you’re a graduate student, you have a higher annual limit of ,500.

In total, your undergraduate and graduate Stafford Loans cannot exceed 8,500.

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