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If an applicant or awardee wishes to consolidate loans, the applicant/awardee should inform DLR as soon as possible by emailing lrp@nih.gov. Only loans listed in the LRP portfolio may be included in the consolidation for the loan to remain eligible for loan repayment. This includes ensuring that a consolidation loan does not include loans that are ineligible for the LRP, such as:

• Non-educational loans (e.g., home equity loan);
• Loans belonging to another individual (e.g., spouse or child); and
• Loans disbursed after the start date of the first LRP award

DLR must be provided with the following:

1. Loan Information Form – Complete Section 1 of the Form
2. Consolidation promissory note or disclosure statement
3. Current statement from the new lender, showing the balance or payoff amount of the consolidated loan
4. Final statement from the previous lender(s), showing $0 balances or paid-in-full status
5. NSLDS reports including:

• Aid Summary page
  Example: http://www.lrp.nih.gov/pdf/1009_2_LT_NSLDS-summary_sheet.pdf
• Detail Loan Information pages for all individual loans
  Example: http://www.lrp.nih.gov/pdf/1009_2_LT_NSLDS-detail_sheet.pdf

The Association of American Medical Colleges has a loan consolidation primer that can be helpful in determining whether consolidating loans is appropriate.

Application Periods and Documentation Deadlines