A Federal Student Loan Consolidation allows both parents and graduates to enjoy a single loan with flexible repayment options.  There are additional benefits to consolidating your student loans with College Lending Solutions and they include one on one customer service, one payment to one servicer, the ability to lock in the lowest rate available and savings up to 50% on your current monthly payment.  The best part is it is completely free and there are no credit checks.

Eligibility Requirements:

Federal Consolidation Loans are available to parents and former students who meet the following eligibility requirements:

• At least $20,000 in Federal Education Loans
• Not previously consolidated
• All loans need to be in active repayment, deferment, forbearance or in a 6 month grace period

The following are the types of loans eligible for consolidation:

1. Direct Subsidized Stafford Loans
2. Direct Unsubsidized Stafford Loans
3. Direct Plus Loans
4. Direct & Direct Plus Unsubsidized Consolidation Loan
5. Subsidized Federal Stafford Loans, formally Guaranteed Student
   Loans (GSL)
6. Unsubsidized and Nonsubsidized Federal Stafford Loans
7. Federal Nursing Loans
8. Federal Perkins Loans
9. Federal Parent Plus Loans
10. Subsidized Federal Consolidation Loans
11. Unsubsidized Federal Consolidation Loans
12. Federal Supplemental Loans for Students