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Federal Direct Consolidation Loan Instructions for Application and Promissory Note Before You Begin Gather all of your education loan records, account statements, and bills so that you will have all

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What is federal direct consolidation loan?

Federal direct consolidation loan combines multiple federal education loans into one new loan with a fixed interest rate.

Who is required to file federal direct consolidation loan?

Anyone with federal education loans can apply for federal direct consolidation loan.

How to fill out federal direct consolidation loan?

To apply for federal direct consolidation loan, you can fill out the application form online or by mail.

What is the purpose of federal direct consolidation loan?

The purpose of federal direct consolidation loan is to simplify loan repayment and potentially lower monthly payments.

What information must be reported on federal direct consolidation loan?

You must report details of all your federal education loans, including loan amounts and account numbers.

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