Student federal loan consolidation is one of the best ways to clear up messy student debts that come from multiple lenders and involve non-fixed interest rates. Pursuing a degree can be an expensive affair and by the time they graduate, many students find themselves saddled with heavy student debts. While the majority will be able to find employment soon enough, starting out on a new career with a trail of debt following you can be a frustrating affair.Student loan consolidation gives you an easy and affordable option to deal with student loans. This allows you to combine all outstanding debts into one thus making it easier to deal with. While there are a number of debt consolidation programs available, the federal loan consolidation programs are best suited for students.Efficiency And OptionsStudent federal loan consolidation comes with so many benefits that it is hard to find a reason not to opt for them. They have been specifically designed to help students deal with the burden of student debt so that they can concentrate on studying and finding a good job on graduating. A student federal loan consolidation is ideal for those whose debts run above $7000.Student federal loan consolidation allows students to bring together all their federal loans into one loan. Practically speaking, this is treated as an entirely new loan which is easier to maintain since you are not dealing with multiple lenders and making multiple payments. This kind of debt consolidation allows you to lock your interest rate at a reduced level and offers flexible payment plans as well.Flexible And SecureSince the government offers federal loan consolidation, private lenders are also benefited. The government will cover the costs in case the borrower cannot pay. Student federal loan consolidation can reduce the burden of monthly payments by as much as 60% in some cases. Apart from offering flexible payment plans, the term period can also be extended depending on the total amount. Since there is no need for co-signers or credit checking, students who are under financial stress can also avail these consolidation packages.There are a number of different student federal loan consolidation schemes that are available and students can choose the one that best suits their needs. These include Loans for Disadvantaged Students, Auxiliary Loans to Assist Students and Federal Parent Loans for Undergraduate Students. By availing student federal loan consolidation programs, students can drastically reduce their debt burden and help put their finances in order. By doing so, they can focus their energies on studying and laying the foundations for their future careers.