If you have multiple student loans, you may be able to combine them into one loan with a fixed interest rate based on the average of the interest rates on the loans being consolidated. Please note if applicable, you may lose certain borrower benefits associated with your current loans by consolidating. Please contact your lender directly if you believe there are borrower benefits associated with your loans before you consider consolidating. For additional information on consolidating student loans, please visit the U.S Department of Education’s Federal Student Aid (FSA) website.