Federal Direct Loans
Use the Federal Student Aid
Loan Simulator to review repayment plan options and find your best monthly payment. Then, choose
one that suits your financial situation. Work with your loan servicer to get the plan
set up before your first payment is due.
Federal Direct Loan Forgiveness Programs
The U.S. Department of Education offers two loan forgiveness programs to encourage
borrowers to enter full-time public service or teach in certain high-need areas in
high-need subjects.
Consolidated Loans
- A consolidation loan combines multiple loans into one large loan. Learn more at Federal Student Aid — Student Loan Consolidation.
- Federal subsidized, unsubsidized, GradPLUS and Perkins loans can be consolidated.
- Institutional and private loans can NOT be consolidated.
- Consolidation extends the payment period up to 25 years, depending on the amount you
owe.
- A new interest rate is calculated and based on a weighted average of all loans put
into consolidation.
- Your grace period ends once the consolidation is final. Complete consolidation near
the end of your grace period, if possible.
- Subsidized Direct Loan and Perkins loans will begin to accrue interest once you consolidate
them. Complete consolidation near the end of your grace period, if possible.
Repayment Support from Ascendium
Kish partners with Ascendium Education Solutions and its repayment support team to
answer your federal student loan questions, navigate repayment and help you find and
implement an affordable repayment plan. Because some scams and fraudsters take advantage
of students, we want to ensure that Ascendium is known as a trusted resource. Help
and services are free through Ascendium. Contact the Student Loan Success Center™
if you have questions or concerns about repaying your federal student loans.
- Phone: 833-707-1220
- Email: RepaymentSupport@ascendiumeducation.org
- Hours: 8 am-4:30 pm Monday-Friday