Federal student loan consolidation

Thank you for your interest in Sallie Mae, the nation’s leading provider of saving- and paying-for-college programs. Severe legislative cuts made by Congress made federal student loan consolidation uneconomical. This, combined with the credit market deterioration, has caused us to suspend participation in the federal consolidation loan program.
Sallie Mae is committed to the federal student loan program and offers a variety of federal student loans and repayment options. If you would like to learn more about the various repayment options that can help you manage your monthly payment amount, please call a repayment specialist at (866) 457-6918.
Sallie Mae’s mission is to expand access to college and to ensure no student is denied the opportunity to pursue their dreams. This decision allows us to direct our resources on maximizing college access for more students and parents.
Sallie Mae reserves the right to modify or discontinue loan programs at any time without notice.

After maxing out scholarships and grants, start your school financing with a federal student loan from Sallie Mae. Federal student loans are the largest source of college education loans.
Student loans available under federal programs have very attractive terms when compared to most borrowing options — lower interest rates that are set by the government, the ability to postpone making payments, longer repayment terms, and less stringent credit requirements.
For a better understanding of federal student loan options, select one of the following:
Federal Stafford loans
Federal Perkins loans
Parents should check out the Parent PLUS federal loan.
Students and parents should always maximize federal loans before investigating alternative student loans.