I recently applied for a Direct Consolidation Loan for a combination of subsidized, unsubsidized, and PLUS loans and enrolled in the PAYE repayment plan. I had assumed that because I am consolidating a mixture of subsidized and unsubsidized loans, the consolidation loan would be treated as an unsubsidized loan and I would lose out on the PAYE 3-year interest subsidy for subsidized loans. However, as I read the MPN, I noticed that the subsidized and unsubsidized portions of the loan are kept separate and given separate loan identification numbers. Does this mean that I will still receive the PAYE interest subsidy for the subsidized portion of my consolidated loans?