Loan Consolidation

Borrowers have the option of consolidating any or all of the federally funded student loans that have been awarded.

Loan programs eligible for consolidation include:

  • Perkins
  • FFEL (Stafford)
  • Health Profession
  • Nursing
  • Nurse Faculty Student Loans
  • Parent Plus Loans
  • William D. Ford Federal Direct Loan

Loan consolidation combines one or more student loans into a single new loan with one lender and one monthly payment. The interest rate on the consolidation loan is based on the weighted average of the individual loans. 

Perkins borrowers who qualify for cancellation benefits should avoid consolidation of their Perkins Loans.

Consolidation may not be the right choice for every borrower. 

For questions please contact:
Student Account Services
Phone: (859) 257-3406


To apply for consolidation:

Direct Consolidation Loans