Hi, I work in financial aid and have seen this comment code pop up. Most likely, because of the consolidation, NSLDS is double counting your loans (i.e., its counting the individual loans AND the consolidation loan.) This is actually very common. I would pull your NSLDS report (www.nslds.ed.gov
) and check this. Then call all the schools. This shouldn't be too hard to resolve if that is what is causing it.
If, on the other hand you are over the ugrad aggregate (which it doesn't sound like b/c you were aware of how close you were), you will have to pay it down unfortunately. Feel free to pm me with any other questions!