You can consolidate while you are in your grace period or in repayment (including during a period of deferment or forbearance). Consolidating variable-rate Stafford loans (disbursed before July 1, 2006) while you are in your grace period or in a period of deferment will enable you to receive a lower Consolidation loan interest rate.
Effective July 1, 2006, a borrower may no longer request to enter repayment on his or her Stafford loan(s) while still enrolled in school in order for the borrower to consolidate those loans.
If you are currently in default on a loan, you may not be eligible for loan consolidation. Learn more about repaying your defaulted loan at TG Online.
Effective July 1, 2006, married couples can no longer consolidate their eligible student loans in a joint Consolidation loan. Each of you may, however, apply for a separate Consolidation loan.
Due to market conditions, many lenders are not currently offering consolidation loans. If you are considering student loan consolidation, please contact your existing lender(s) for more information about possible consolidation options.
If you have questions about whether you qualify or not, contact your lender first. TG can also help. Call TG customer assistance at (800) 845-6267, or send an e-mail message to cust.assist@tgslc.org.