Student Loan Refinance
IMPORTANT: The pause on federal student loan payments and interest has been extended. In addition, the Biden Administration also announced that Federal student loan borrowers who earn less than $125,000 per year, or households earning less than $250,000, are eligible for debt cancellation up to $20,000 for Pell Grant recipients and up to $10,000 for non-Pell Grant recipients. For details, please visit studentaid.gov or contact your federal student loan servicer. NOTE: These measures are strictly tied to federal student loans and have no impact on any private student loans you may have.
Simplify Your Life & Amplify Your Funds!
Whether you want to lower your interest rate, pay your loans off sooner, or reduce your monthly payment, we’ve got a student loan refinance solution to fit your needs.
Featuring competitive interest rates (both fixed and variable options) and zero origination fees, our refinance loan can help put you in control of your student debt repayment strategy! Refinance and consolidate private and federal student loans (including PLUS loans), setting up one convenient payment and potentially lowering your rate. And through December 31, 2022, refinance and enjoy no payments and no interest for 3 months1 and get $5002!
USSFCU student loan refinance options come with:
- Competitive interest rates
- Loan limit up to $120,000
- Flexible repayment terms to fit your needs
- No origination fees or prepayment penalties
- Easy online application and instant credit decision
- A relationship with a local, not-for-profit lender you can trust
- No payments and no interest for 3 months1
- $500 cash bonus2
Our NEW Student Lending Center is a robust resource, whether you are already in college, planning for college or looking to refinance.
Am I Eligible to Refinance My Student Loans?
To be eligible to refinance your student loans, you must have graduated from an approved school‡ and be a U.S. Senate Federal Credit Union member. You may apply without being a member of the credit union, but you will need to become a member for the loan to be funded. Be sure to review all eligibility requirements.
Should I Refinance My Student Loans?
Everyone’s student loan situation is unique, and figuring out where to start can be tough. Check out our Guide to Refinance or consult with our College and Repayment Counselor to determine if it makes sense for you.
Need Student Loan Support?
APR = Annual Percentage Rate. Subject to credit qualification and additional criteria, including graduating from an approved school. ‡ Approved schools subject to change without notice.
By refinancing federal student loans, you may lose certain borrower benefits from your original loans, including interest rate discounts, principal rebates, or some cancellation benefits that can significantly reduce the cost of repaying your loans.
1 Three Months No Payments or Interest Offer: To qualify, the loan application must be started between October 18, 2022 and March 31, 2023, and the selected repayment term must be 15 years or less. Upon disbursement of your refinance loan, no payments will be required, and no interest will accrue during a three-month promotional period. After this three-month promotional period ends, this loan requires full payments of principal and interest. The credit union reserves the right to modify the terms of this offer at any point in the future for new applications.
2 $500 Cash Offer: Upon approval and disbursement of your refinance loan, the primary borrower will receive a cash deposit of $500. To qualify, the completed loan application must be received between October 1 and March 31, 2023. The cash deposit will be awarded in the form of a deposit to your credit union checking or savings account within 90 business days from the funding date of the loan. The primary borrower must be a credit union member in good standing at the time of deposit. Limit one cash award per borrower. The credit union reserves the right to modify the terms of this offer at any point in the future for new applications.