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  1. For your FFEL Program loans to qualify for PSLF, you will need to consolidate your FFEL Program loans into a Direct Consolidation Loan. Only Direct Loans are eligible for PSLF. Normally, when you consolidate, you don’t get credit toward PSLF for the payments you made before you consolidated.

  2. 1 paź 2024 · The JCLSA allows joint consolidation loan (JCL) borrowers who have either Direct Loans (DL) or Federal Family Education Loans (FFEL) to separate their joint debts into new, individual Direct Consolidation loans.

  3. 15 maj 2024 · Borrowers with FFEL Program loans held by the Department will also receive the account adjustment automatically but must consolidate into the Direct Loan Program if they want to count any prior time in repayment toward PSLF.

  4. Kind of—federal student loan borrowers can consolidate their loans. Consolidation combines your federal student loans into one loan with one monthly payment. Learn about the pros and cons before you consolidate.

  5. The Federal Family Education Loan Program is a former loan program that included the Federal Stafford Loan, Federal PLUS, Federal Supplemental Loans for Students (Federal SLS), and Federal Consolidation Loan programs.

  6. Federal student loan borrowers have the option of consolidating their loans via the Direct Consolidation Loan program offered by the U.S. Department of Education. Consolidating allows you to merge multiple eligible loans into a single loan.

  7. The Federal Family Education Loan (FFEL) Program was a system of private student loans which were subsidized and guaranteed by the United States federal government. The program issued loans from 1965 until it was ended in 2010.

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