NY.gov Portal State Agency Listing
NYS Higher Education Services Corporation - We Help People Pay for College High School Counselors Financial Aid Professionals

HESC Disclaimer Regarding the
Use of 'GoogleTM Translate'

Free Language Assistance

Loan Consolidation - Eligible Loans

Eligible loans include:
If any of the loans are in default, they may be consolidated if you make satisfactory repayment arrangements with the holder of the loan or agree to repay the consolidating lender under an income-sensitive repayment schedule.

It's important to note that you do not have to consolidate all of your loans; you can choose the ones you want to include and the ones you don't. For example, many students choose not to include their Perkins Loans in order to maintain the forgiveness options on those loans.

Loans subject to a judgment or order of wage garnishment are not eligible for Federal Loan Consolidation.

Private or alternative loans are not eligible for Federal Loan Consolidation.