A Consolidation Loan allows you to combine one or more of your federal education loans Direct Loan Servicing News. FSA Student Portal, -, www.studentaid.ed.gov.
Loan, if you have not previously received a Direct Loan, Federal Family Education Loan, or SLS loan. FSA Student Portal, -, www.studentaid.ed.gov.
The US Department of Education also waives the 1 percent insurance fee for schools that participate in its Federal Direct Student Loan Program (FDSLP) in their
Overview and Procedures of Perkins / National Direct Student Loan Cancellation. It became the National Direct Student Loan Program in 1972.