Updated: Mar 08, 2023
What do I do if I can’t pay my student loans?
Many people struggle with making regular student loan payments and may not be aware that there are options available. Find helpful tips on getting help paying when you need it.
When you consolidate your federal student loans, you combine multiple loans into one new student loan. Federal student loan consolidation centralizes all of your federal student loan payments so you submit one monthly payment to a single servicer. Private student loans are not eligible for a federal student loan consolidation.
For more information on federal student loan consolidation, please visit studentaid.gov.