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Could student loan refinancing save you money?

Best Student Loan Refinance Companies

Compare top lenders and learn about today’s best refinancing options. We work with some of the nation’s most reputable banks and credit unions to bring you competitive benefits, rates and terms. Find the loan refinance solution that works best for you!

Student Loan Refinance Rates and Benefits

SoFi Student Loan Refinance

SoFi Student Loans

  • Rates as low as 2.25% variable and 2.99% fixed1
  • No fees or prepayment penalties
  • Unemployment protection
  • Show more info »

Don't get stuck with the standard student loan rate. You've worked hard; you deserve better. Learn how SoFi can help you put money back in your pocket:

  • Rates: Variable rates as low as 2.25% APR and fixed rates as low as 2.99% APR with Autopay1
  • Simplicity: Consolidate all existing student loans (federal and private) into a single loan with one monthly payment
  • No Fees: No origination fees and no prepayment penalties
SoFi Private Student Loan Consolidation Full Terms and Information
At this time the lender does not offer a program that fits your criteria
College Ave Student Loans

College Ave Student Loans

  • Variable rate range: 3.24% – 5.54% APR1
  • Fixed rate range: 3.34% – 5.69% APR1
  • No application or prepayment fees
  • Apply in 3 minutes or less for instant credit decision
  • Show more info »

College Ave Student Loans Refi was created to help graduates refinance existing student loans so they can repay their loans easily while reducing the total cost and/or monthly payment.

  • No application or origination fees
  • Variable interest rates from 3.24% – 5.54% APR1
  • Fixed interest rates from 3.34% – 5.69% APR1
  • Choose how long you take to repay the loan

Eligibility

  • You (and your cosigner, if applicable) must be a U.S. Citizen or permanent resident.
  • Must have graduated from a public or private, not-for-profit, degree granting institution
  • Consolidate and refinance up to $300,0003
  • All loans are subject to individual approval and adherence to underwriting guidelines.
College Ave Full Loan Terms and Information
At this time the lender does not offer a program that fits your criteria
PenFed Purefy Student Loans

PenFed Student Loans Powered by Purefy

  • Refinance federal and/or private student loans at lower rates with no fees.
  • Choose a 5, 8, 12, or 15 year term to best fit your needs.
  • Each applicant receives a personal loan advisor to help them through every step in the process.
  • Spouses can refinance their loans together. Parents can refinance their loans too.
  • Show more info »
Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 1.6 million members and over $24 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico, and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day. PenFed Student Loan Refinancing Full Terms and Information
At this time the lender does not offer a program that fits your criteria
Iowa Student Loan

Iowa Student Loans

  • Fixed-rate loans starting at 2.46% APR1
  • No obligation rate quote in less than a minute with no impact to credit score
  • No origination, prepayment or late fees
  • Standard and graduated repayment plans (subject to approval)
  • Show more info »

Reset Refinance Loan from Iowa Student Loan

The Reset Loan is offered nationwide by Iowa Student Loan, a Midwest nonprofit organization, and features competitive fixed rates.

The Reset Refinance Loan was designed by student loan experts with decades of experience to help borrowers (both students and parents) looking to simplify repayment of and obtain a lower fixed interest rate on their student loans.

The Reset Refinance Loan, which is offered nationwide by Iowa Student Loan, a Midwest nonprofit organization, only features fixed rates at this time because it is our belief that most borrowers should be extremely cautious of variable-rate loans in the current financial environment where rates are on the rise.

Looking to lower your overall student loan costs or make repayment more manageable? The Reset Loan offers competitive fixed rates with multiple repayment options.

Features

The Reset Loan is:

  • A fixed-rate loan with rates starting at 2.46% APR to 6.06% APR1
  • Transparent. Loan eligibility, underwriting criteria and repayment benefits are provided upfront before you apply.
  • Borrower friendly. Repayment benefits and policies were created to benefit borrowers and their families.
  • Comprehensive. You have the ability to refinance private and federal education loans into one new loan.
Iowa Student Loan Terms and Information
At this time the lender does not offer a program that fits your criteria
Nelnet Bank with White Background

You Put in the Work. Now Reap the Rewards.

  • Rates as low as 1.89% Variable, 2.80% Fixed1
  • Flexible repayment terms including 5, 10, 15, 20 and 25 year loans.
  • No application or prepayment fees
  • Cosigner release with 24 on-time payments2
  • Show more info »

Completing your education was one smart decision – here’s your chance to make another. Save your hard-earned cash with Student Loan Refinancing from Nelnet Bank.

Why Nelnet Bank?

40+ Years of Experience

Backed by the nation’s largest student loan servicer, we’ve proven that we know our stuff.

Expert Borrower Support

Real people. Real support. We’ll help you find a loan that fits your needs.

Personalized Solutions

No matter what level of education you’re pursuing, Nelnet Bank’s got you covered. We offer refinancing solutions for undergrad, graduate, private, and federal loans.

Easy to Apply

See the rate you qualify for in as little as two minutes and save for years. Plus, we don’t believe in application or prepayment fees.

Qualifications:

  • $36,000+ income, 680+ FICO Credit
  • Loan Limits: $125,000 Undergrad, $150,000 Graduate, $175,000 MBA and Law, $225,000 Heath Professionals
  • Loan approval subject to credit review
Nelnet Bank Student Loan Refinance Full Terms and Conditions
At this time the lender does not offer a program that fits your criteria
Discover Student Loans

Discover Student Loans

  • Great rates and flexible terms that could lower your monthly payment amount
  • Make just one payment each month so you don't have to worry about multiple payments and due dates
  • Consolidate your federal and private student loans
  • $0 fees required. That means you will not be required to pay any fees, including application, origination or late fees
  •  0.25% interest rate reduction while enrolled in automatic payments
  • Show more info »

With Discover Student Loans, you can consolidate federal and private student loans. You may be able to:

  • Lower your interest rate
  • Lower your monthly student loan payments
  • Simplify with one loan and one monthly payment
  • Obtain a loan without a cosigner

Discover Student Loans offers great rates and flexible terms.

Borrower Benefits

 0.25% interest rate reduction while enrolled in automatic payments.

Interest Rates, Fees, and Terms

  • Choose a variable or fixed interest rate
    • Variable interest rates from 1.87% APR to 5.87% APR1
    • Fixed interest rates from 3.49% APR to 6.74% APR for a 10-year term1
    • Fixed interest rates from 3.74% APR to 6.99% APR for a 20-year term1
  • $0 fees required. That means you will not be required to pay any fees, including application, origination or late fees
  • Consolidate your federal and private loans
  • Apply in 15 minutes or less from your computer, smartphone or other mobile device
  • No prepayment penalty if you pay your loan off early

Eligibility

To qualify, your must:

  • Be a US citizen or permanent resident with a US-based address.
  • Be 18 years or older at the time your apply.
  • Pass a credit check.
  • Have no more than $150,000 in aggregate student loan debt. Higher limits may apply for specific fields of study.
  • Have verifiable income sufficient to support your debts and show a positive repayment history.
  • Be the primary borrower on the loans you want to consolidate.
Discover® Student Loans Full Terms and Information
At this time the lender does not offer a program that fits your criteria

 

**Not all lenders that may offer private loan refinancing are listed above and you may be able to obtain a private refinance loan from another lender. Edvisors cannot guarantee loan eligibility for site users. Please check with your lender directly for information related to your personal eligibility.

*** Illinois residents, please click on this link.

Could student loan refinancing save you money?