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Consolidation Loans

A Direct Consolidation Loan allows you to combine multiple federal education loans into one loan. The result is a single monthly payment instead of multiple payments. Loan consolidation can also give you access to additional loan repayment plans and forgiveness programs. However, consolidation can also increase the amount of interest you pay, and it may cause you to lose certain borrower benefits.

More information can be found on the Federal Student Aid website.

Federal ID Code

BW's Federal ID Code: 003014

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