Consolidating subsidized and unsubsidized loans

Check your My Sac State Student Center for instructions after you have accepted your loan. All Sacramento State students must complete the MPN and ELC at least once.

These loans are guaranteed by the federal government.Direct Loans with a first disbursement date on or after July 1, 2014 are: The origination fee for loans originated after October 1, 2015 is 1.068%.Federal regulations specify the maximum Federal Direct Loan amount any student can borrow each academic year, depending upon grade level.There is no fee to consolidate federal student loans into a Direct Consolidation Loan.After consolidation, you’ll only have to make one loan payment per month instead of multiple payments on your various federal student loans.

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