IMPORTANT: Interest and payments on federal student loans have resumed. Visit for details. Carefully consider your options before refinancing federal student loans, as they will no longer qualify for current and future federal benefits once refinanced with a private lender.





Student Loan Refinance

Take control of your student loan repayment! Refinance and consolidate your private and federal student loans (including PLUS loans) into one manageable loan, setting up one convenient payment and potentially lowering your rate.*

Should I refinance my student loans?

Refinancing your student loans (such as private, federal, and PLUS) could help you lower your rate, adjust your payment, or pay them off sooner. Just remember, when you refinance federal student loans into a private refi loan, you'll lose access to any current or future federal benefits, such as potential debt cancellation or income-driven repayment options.

For more information, check out these helpful resources:

Current Rates

Variable Rate Solution

Variable Rate icon

As rates rise and fall according to the market index, your monthly payment may change over time. Learn More

5-year Repayment Term: 7.50% - 12.50% APR

10-year Repayment Term: 8.00% - 13.00% APR

15-year Repayment Term: 8.50% - 13.50% APR

Borrow up to $60,000.


Fixed Rate Solution

Fixed Rate icon

Get a fixed monthly payment with a rate that doesn't change over time. Learn More

5-year Repayment Term: 4.50% - 9.50% APR

10-year Repayment Term: 5.00% - 10.00% APR

15-year Repayment Term: 5.50% - 10.50% APR

Borrow up to $60,000.


Rates shown include a 0.25% discount for optional enrollment in automatic electronic payments.

WEBINAR RECORDING: Student Loan Refinancing: Steps for Successful Savings

Learn more about student loan refinance and the process surrounding it, with real-life examples. What types of student loans do you have? Is refinancing right for you? How do you choose a lender?

Listen Now

Eligibility Requirements

To be eligible to refinance your student loans, you must have graduated from an approved school and be a member of Utilities Employees Credit Union. You may apply without being a member of the credit union, but you will need to become a member in order for the loan to be funded. Be sure to review all eligibility requirements.

Typical Application and Funding Timeline

Day 1

Initial Credit Application Started

Days 2-16

Document Submission And Verification

Days 17-31

Loan Processing and Finalization

Days 32-42

Loan Disbursement To Your Original Lenders


Personalized Support

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* Subject to credit qualification and additional criteria, including graduating from an approved school.
† APR = Annual Percentage Rate
‡ Approved schools subject to change without notice.