Federal Loan Consolidation Program

State college consolidation loans can be handled by the federal loan consolidation program. There are no fees for federal state college consolidation loans. There is also no credit check required which means no co-signer or co-borrower. You benefit from various repayment types as well as deferment and forbearance. The loans are backed by the government and you can rest assured they will be paid one way or another. Should you default; the government can easily garnish your wages or seize your income taxes for repayment.