Question arose as if consolidation federal loan is applicable for private student as well?

Answer is not that easy. Private students fall into several categories. It is really difficult to authenticate them as students. However there is not doubt in anyone’s mind that Federal Consolidation Loan is definitely designed for Student Loans. Private Students from authentic and approved educational institutes may still be able to apply for that. However the policy is not that clear yet.

As a common sense, private students should also be acceptable for Federal Consolidation Loan no matter where they are studying. They might be supporting themselves to finance their studied that might also resulted in burden of loans.