YENRA FEDERAL STUDENT LOAN CONSOLIDATION COMPARISON
Reviewed October 6, 2026 | United States | Amounts in US dollars
Guide: https://yenra.com/loan-consolidation/

Purpose: Record current loans, model a proposed federal Direct Consolidation
Loan, and resolve consequences before applying. This is a planning record,
not an application, eligibility decision or payment calculator.
Save privately. Use loan nicknames, not account numbers or login credentials.
Duplicate the loan block for each loan and the comparison for each scenario.

MY GOAL
What would consolidation improve?:
Alternative to compare (such as another plan on existing loans):

CURRENT LOAN RECORD
Loan nickname / statement date:
Loan type and borrower:
First disbursement date:
Principal ($):
Unpaid interest ($):
Official interest rate (%) / current discount, if any:
Status (repayment, grace, deferment, forbearance, default):
Servicer and verified contact route:
Current repayment plan / monthly payment ($):
Forgiveness program and qualifying payment count, if relevant:
Loan-specific cancellation or other benefits:
Include / leave separate / unresolved, with reason:

CURRENT VS PROPOSED
List the loans included in this scenario:
Current combined principal and unpaid interest ($):
Proposed new principal ($), including interest added:
New fixed rate (%) and source of estimate:
Existing eligible repayment plans:
Proposed eligible plans, including effect on earlier Direct Loans:
Estimated monthly payment before / after ($):
Estimated remaining total paid before / after ($):
Estimated completion date before / after:
Benefits, discounts and qualifying payment counts before / after:
Effect on grace period and timing:
Loans left separate and their required payments:

2026 DECISION CHECK
For a new consolidation received on or after July 1, 2026, check the current
Tiered Standard and Repayment Assistance Plan (RAP) rules. Parent PLUS and
consolidations that paid off Parent PLUS are excluded from RAP, including
double consolidations. Ask how the new loan affects all your Direct Loans.
Confirm payment-count treatment and benefits with the servicer before applying.
Source: https://studentaid.gov/manage-loans/consolidation

FICTIONAL RATE EXAMPLE (not current loan terms)
$10,000 at 5% plus $20,000 at 6%, no unpaid interest or discounts:
(10,000 x 5% + 20,000 x 6%) / 30,000 = 5.6667%.
Round UP to the next 0.125 percentage-point increment: 5.75%.
Use the application calculation and verify actual balances for your loans.

QUESTIONS AND DECISION
Unresolved question:
Official source or servicer contacted / date:
Written explanation received:
Decision and reason:
Next action / date:

IF APPLYING
Use the official federal route; there is no application fee.
Consolidation cannot be reversed once underlying loans are paid off.
Continue payments that are due until the servicer confirms payoff.
Check the new loan balance, rate, included loans and first payment due.
Maintain payments on loans left separate.

Resources:
https://studentaid.gov/manage-loans/consolidation
https://studentaid.gov/articles/repayment-calculator/
https://www.consumerfinance.gov/ask-cfpb/should-i-consolidate-refinance-student-loans-en-561/
Private refinancing gives up federal benefits and is a separate decision.
For default, joint consolidation or unusual loan status, get case-specific
guidance before using a routine consolidation workflow.