Who May Consolidate?
Both student and parent borrowers may consolidate their education loans. (Students and parents cannot combine their loans through consolidation, since only loans from the same borrower can be consolidated.) Married students are no longer able to consolidate their loans together. Students can only consolidate their education loans during the grace period or after the loans enter repayment. (Loans that are in default but with satisfactory repayment arrangements may also be consolidated.) Students can no longer consolidate while in school. Parents, however, can consolidate Parent PLUS loans at any time.
