Guide to Refinancing Your Student Loans

StudentChoice GuideToRefinance cover

Refinancing your student loans could help you pay off your loans sooner or save on your monthly payment. We know that everyone’s student loan situation is unique, and figuring out where to start can be tough.

Our Guide to Student Loan Refinance includes the following:

  • The pros and cons of student loan refinance

  • The difference between student loan refinance and consolidation

  • Helpful resources to determine your student loan refinance options

  • Information to help you decide if refinancing your student loans is right for you

NOTE: By refinancing federal student loans, you may lose certain borrower benefits from your original loans. These may include interest rate discounts, principal rebates, or some cancellation benefits that can significantly reduce the cost of repaying your loans. In addition, measures related to the Coronavirus pandemic have paused payments and interest for federal student loan borrowers. If you are considering refinancing your federal student loans, please make sure to review these measures at to understand your options.