Student loan consolidation
Private student loan consolidation
Consolidate your eligible private student loans into a Chase Private Consolidation Loan.* You can apply for a Chase Private Consolidation Loan any time after graduation. Private student loan consolidation allows you to combine all of your eligible private student loans into a single loan. Federal student loans are not eligible for this program.
Chase is not currently accepting applications for the Chase Private Consolidation Loan.
Why consolidate your private student loans?
- Your monthly loan payment may be lower than your individual private student loan payments combined
- For the convenience of a single, monthly private student loan payment
A Chase Private Consolidation Loan offers
- Competitive rates
- No application, origination or prepayment fees
What you should know before you consolidate your private student loans with Chase
- The minimum private student consolidation loan amount is $7,500 and the maximum is $150,000, based on credit eligibility
- You can apply for a Chase Private Consolidation Loan any time after you graduate, as long as you are in your grace or repayment period
- You may apply for a Chase Private Consolidation Loan on your own, but having a qualified cosigner will reduce your interest rate
*Important Information: Chase Private Consolidation Loans are subject to credit approval, receipt of a completed and signed loan application/promissory note, verification of application information and acceptance of loan terms. Only private education loans that are in good standing from eligible Title IV schools may be included. Federal education loans are not eligible under this program. Minimum loan amount is $7,500, with a cumulative borrowing limit of $150,000, based on credit eligibility. Other terms and conditions apply. Please contact us for details on eligibility criteria.
Chase does not sell these loans to another lender.
In most cases, consolidating your private student loans will extend the repayment period beyond the repayment periods of the private student loans being consolidated. However, your monthly loan payment may be lower than your individual private student loan payments combined. Extending the loan term will likely increase the overall cost of your loan. You can choose to repay principal at any time with no prepayment penalty. Federal student loans are not eligible for private consolidation.
This information was current as of 06/30/2010 and is subject to change. Contact Chase for the most up-to-date product terms.
