Student Loan Consolidation Program | Federal Student Loans | Private Student Loans

Student Loan Consolidation

Student Loan Consolidation Program

Reduce your monthly payments by consolidating your Federal Student Loans.

If you have at least $7,500 in federal student loans, a Chase Student Loan Consolidation can help to put more money in your pocket now by reducing your monthly payments and locking in a low rate for the life of the .¹

Student Loan Consolidation Program Benefits include:

Easy online application process
Reduce your monthly payments
No credit check required

With a loan from Chase Student Loan Consolidation, you can combine all or some of your outstanding eligible into one new consolidation loan —even if you have multiple lenders or multiple types of federal student loans. Federal are authorized by the Federal Family Education Program (FFELP) which was established by Congress, and are designed to help borrowers manage their federal debt.

You can consolidate any of the following :
(Combined amounts must equal $7,500 or more)

Federal Stafford , unsubsidized and subsidized [including Guaranteed (GSL)]
Direct Stafford , unsubsidized and subsidized
Federal Supplemental (formerly Auxiliary to Assist Students/ALAS and )
Federal PLUS (Graduate/Professional Student) Loans
Federal Perkins , formerly National Defense/National Direct (NDSL)
Health Professions , including Loans for Disadvantaged Students (HPSL)
Federal Insured (FISL)
Federal PLUS (Parent)
Direct PLUS
Nursing (NSL)

Note: You can consolidate an existing only if you are combining it with at least one other eligible .

Repayment Options
You may choose one of several repayment options for your . The repayment term ranges from 12 to 30 years depending on the total amount of your .

Level Repayment
A level repayment schedule means you pay equal monthly payments over the term of your . This is our standard and most popular repayment option.

Graduated Repayment Plan
This option allows for low, interest-only minimum payments for either the first two or four years of your repayment period. A level repayment plan is calculated for the remainder of the repayment term.

Income-Sensitive Repayment Plan
With this option the amount of your monthly payment is adjusted annually, based on your total monthly gross income. You must provide documentation that allows the lender to make a reasonable determination of what your payment amount should be.

Extended Repayment
Under an extended repayment schedule, you can repay your over a 25-year period on a level or graduated payment plan if you have FFEL in excess of $30,000. If you have in excess of $60,000 and wish to repay over a 30-year period, you should select one of the other repayment options.

Applies to new borrowers after October 7, 1998

Chase Student Loans

Made Simple.

COLLEGE LOANS

Pay tuition, buy your books, or even pick up the perfect computer laptop to get you through your college degree program with a student loan from Chase . With our Student Loans Matcher, you can determine which type of college is right for you and/or your parents, then apply online for the you want. In just minutes you can submit your or online application so you can get the money you need for school.

Federal Student Loans

The Federal Stafford is the largest and most commonly used program for funding undergraduate and graduate college education. Stafford (Federal Student Loans) are low interest rate that the borrows in his or her own name. Stafford are regulated and guaranteed against default by the federal government. They are either subsidized (the government pays the interest while the student is in school, during grace, and approved deferment periods) or unsubsidized (the student pays all the interest, although payments can be deferred until after graduation).

Private Student Loans

Private Student Loans (also known as alternative ) can help for your college education needs—from undergrad through graduate/professional school. Private Student Loans can provide critical assistance when federal , grants and scholarships are not enough for the full cost of your higher education. Plus it can help pay for school expenses not covered by other forms of financial aid.

As you determine the best way to finance your college education, you should consider the full range of financial aid options available. Private , like the Chase , can be used when federal , grants and other forms of financial aid are not sufficient to cover the full cost of higher education.

| Federal Student Loans | Private Student Loans

¹ Please remember that longer repayment terms will reduce your monthly payments but can increase the total repayment amount of your .