Student loan refinancing isn’t always top of mind. It’s one of those financial tasks that’s easy to put off—important, but not exactly exciting. Still, taking a closer look at your student loans can make a meaningful difference in how manageable they feel month to month.
That’s why we’re suggesting you “Fry Your Old Student Loans” and get more than just the financial benefits of student loan refinance – you can also get an air fryer! Like the old toaster oven collecting dust on your counter, we invite you to look at what you’re paying now and ask a simple question: Is this still working for me? If the answer is no, refinancing may be worth exploring.
Why Borrowers Refinance Student Loans
When you refinance, you replace your current student loans with a new one that could come with a lower rate, fewer payments to track, or terms that better fit your budget today.
Refinancing can be a smart option when your financial picture has changed since you first borrowed. It may help you:
- Potentially secure a lower interest rate
- Combine multiple loans into one monthly payment
- Choose repayment terms that better fit your budget
For many borrowers, it’s a way to simplify finances and feel more in control.
When Refinancing Makes Sense
Refinancing is often a good fit for borrowers with steady income, strong credit, and student loans with higher interest rates. If your current loans feel outdated or unnecessarily complicated, it may be worth exploring whether refinancing could offer a better setup.
Read more in our post: What You Need to Qualify for Student Loan Refinancing
Important note: Carefully consider refinancing federal student loans as you will give up valuable benefits, like access to loan forgiveness programs (such as Public Service Loan Forgiveness), income-driven repayment options, and federal protections that can provide relief during periods of financial hardship.
Ready to Re-Fry-Nance?
Our credit union partners are ready to help with competitive rates and flexible repayment terms. Get started below and quickly get matched with a credit union that can help you take a healthier approach to student loan payments – and dinner.
“Free Air Fryer Promotion” Disclosures
To qualify, the loan application must be started between December 8, 2025 and January 31, 2026 and MUST be started via this tracked campaign landing page. Upon approval and disbursement of your refinance loan, the primary borrower will be sent a complementary air fryer with value up to $100 to the address listed on the loan application within 90 business days from the funding date of the loan. The loan must be in good standing to qualify for promotional item – limit one per funded loan. Student Choice reserves the right to modify the terms of this offer at any point for new applications and without notice. Student Choice and its credit union partners are not affiliated with the manufacturer or retailer of the promotional item.
*Important: Please remember that federal loans do offer certain benefits and protections that do not transfer to a private loan. By refinancing your federal student loans to a private loan you will lose any federal benefits that may apply to you. Please review this important disclosure for more information.
Loans subject to credit approval and additional criteria. Carefully consider whether consolidating your existing student loan debt is the right choice for you. Any reduction in your monthly payment may result from a lower interest rate, a longer repayment term, or both. Extending the loan term could increase the total interest paid over time.
