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Consolidating a PLUS Loan through Student Loan Xpress

Minimum amount required to consolidate: $7500

Payment incentives: If you consolidate $20,000 or more you will receive an automatice 1.0% interest rate reduction after you make your initial 36 monthly payments on time.

Optional incentives: 0.25% interest rate reduction through automatic debit of payments from a bank account.

Apply by calling toll free 1-866-311-8059 or apply on-line.

Student Loan Xpress guarantees that they will consolidate your PLUS loan(s) within 30 days or they will make the first payment on your new consolidation loan.

NOTE to Student Loan Xpress PLUS borrowers: if you consolidate your Student Loan Xpress PLUS loan(s) you will lose your current payment incentive. If you have LOANStar as your loan servicer this incentive is the 3% principal reduction. If you have MOHELA as your loan servicer this incentive is the 2% interest rate reduction with automatic debit of payments. Be sure to consider this before you decide to consolidate.

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