Myfedloan consolidation

To the principal on the unsubsidized loan with the highest interest rate. However your FFEL Program Loans would not be eligible.


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Other Important Information.

. When you make a payment within 120 days of your disbursement on your federal consolidation loan your payment will be applied in this order. There are certain additional eligibility requirements for TEPSLF. If you have 32000 in outstanding Direct Loans and 12000 in outstanding FFEL Program Loans you may be able to choose this plan for your Direct Loans.

IMPORTANT INFORMATION ABOUT PSLF AND TEPSLF You may receive loan forgiveness only after you have made 120 qualifying payments on eligible loans while working full-time in qualifying employment. In order to qualify you must have more than 30000 in outstanding Direct Loans or FFEL Program Loans.


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