Get Federal Direct Consolidation Loan Application And Promissory Note 2019-2025

This guide provides clear, step-by-step instructions for completing the Federal Direct Consolidation Loan Application and Promissory Note online. By following these directions, users can efficiently submit their loan application and understand the necessary requirements.

Follow the steps to complete your Direct Consolidation Loan application

1. Press the 'Get Form' button to access the application form and open it in the editor.
2. Begin by completing the Borrower Information section. Provide your last name, first name, middle initial, and any former names if applicable. Enter your Social Security number and date of birth accurately.
3. Fill in your permanent address, including street, city, state, and zip code. If you are using a P.O. box or general delivery, refer to the specific instructions provided.
4. Input your area code and telephone number. Providing an email address is optional but recommended for communication purposes.
5. Enter your driver's license state and number, along with your employer's name and address. Include your employer's area code and telephone number.
6. For the Reference Information section, list two individuals who do not live with you and have known you for at least three years. Provide their names, permanent addresses, email addresses (optional), telephone numbers, and their relationship to you.
7. In the 'Loans You Want to Consolidate' section, list each federal education loan you wish to consolidate. Write down the Loan Codes, loan holder/servicer name and contact information, loan account number, estimated payoff amount, and grace period end date if applicable.
8. For the 'Loans You Do Not Want to Consolidate' section, include loans not intended for consolidation, ensuring to mention their loan codes, loan holder information, account numbers, and current balances.
9. Select a repayment plan for your Direct Consolidation Loan from the options provided, such as Standard, Graduated, or Income-Driven Repayment Plans. Note the need to complete the relevant forms for income-driven plans.
10. Review and acknowledge the Borrower Understandings, Certifications, and Authorizations section by confirming your understanding of the terms. Make sure to certify the information you provided is accurate.
11. Sign and date the form at the bottom to complete your application. Ensure all required pages from 1 through 5 are submitted for processing.
12. Finally, you can save your changes, download a copy for your records, print the completed application, or share it as needed.

Start your loan application process today by completing your Federal Direct Consolidation Loan Application and Promissory Note online.