 TITLE: Who Services My Federal Student Loans? CONTENT: Can I Change My Student Loan Servicer?\n--------------------------------------\nIf you're having trouble with your current servicer or you have multiple servicers for different loans, it is possible to make a switch to a new one. Here's how:\n*   **Consolidate your federal loans.** When you apply for a direct consolidation loan, you can replace one or more of your student loans with a new one. During the process, you'll have the option to choose your new servicer, giving you some control over who you work with. Keep in mind, though, that when you consolidate federal loans through this program, your new interest rate may be slightly higher than your current weighted-average rate across all your loans.\n*   **Apply for Public Service Loan Forgiveness.** FedLoan Servicing is the only federal loan servicer that manages the Public Service Loan Forgiveness (PSLF) program. So if you're working toward obtaining forgiveness for your federal loans through PSLF, applying will automatically change your servicer to FedLoan.\n*   **Refinance your loans with a private lender.** Refinancing your student loans allows you to replace both your servicer and lender (the federal government) with a private lender. Depending on your credit history and income situation, it could also potentially help you get a lower interest rate and monthly payment. Keep in mind, though, that better loan terms aren't guaranteed, and refinancing will cause you to lose certain federal benefits, such as access to loan forgiveness programs and income-driven repayment plans. END