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Student Loan Consolidation: More Tools to Educate Borrowers

March 29, 2012

Ever since President Obama made his late October announcement about a Special Direct Consolidation Loan (SDCL) opportunity, student loan consolidation has been a hot topic.  The Department of Education’s SDCL opportunity began on January 17th, 2012 and ends June 30th, 2012.

As you have requested, we have added a SDCL opportunity flyer to our library, as a tool that can be shared with borrowers inquiring eligibility (FSA approved).

While not all borrowers are eligible to participate in this opportunity, traditional consolidation is still available.  The library also includes a flyer on traditional student loan consolidation. Black & white and color versions of both of these tools are available for easy printing.

If you have questions regarding Nelnet’s approach with consolidations, please contact your Nelnet Regional Director.  For general questions about SDCL, you can visit StudentAid.ed.gov/SpecialConsolidation.

Lou Murray, Southwest Regional Director, Nelnet Partner Solutions

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