Consolidating student loans through sallie mae

Direct consolidation loans are now the only type of federal student consolidation loan.

Under the Direct Loan Consolidation Program, you can consolidate Subsidized and Unsubsidized Stafford Loans, Supplemental Loans for Students (SLSs), Federally Insured Student Loans (FISLs), PLUS Loans, Direct Loans, Perkins Loans, Health Education Assistance Loans (HEALs), and just about any other type of federal student loan.

Sallie Mae is a widely utilized private student loan lender.

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Consolidating federal student loans may be a good strategy to lower monthly payments or to get out of default, but it is not always a good idea.You can, however, always pay the loan off faster with no penalties if you are able.If you're like most students that don't have an established credit history, you may need to have a family member or friend act as a cosigner for the loan.In addition to their extensive in-house services, Sallie Mae also acts as administrators for their client’s Federal student loans.College students will find that Sallie Mae can address all of their education related financial needs.Sallie Mae has been involved in student loans for decades, and the high loan limit it offers should be enough for any student to afford an undergraduate degree.

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