Student Loan Refinance
Save your hard-earned cash with student loan refi options from Nelnet Bank See Disclaimer
Check Your Rate
See your rate in minutes without affecting your credit score. See Disclaimer 1
For federally-held student loans, interest (currently at 0%) will resume September 1, 2023 and payments (currently suspended) will begin, starting in October. Please be aware, refinancing your federally-held loans will disqualify them for any federally-held loan benefits such as potential debt forgiveness and the remaining payment suspension and 0% interest. Carefully consider your options.
Lowest rates listed above include an interest rate reduction for eligible applications, enrollment in auto debit, and are available only to the most creditworthy applicants. Advertised variable rates reflect the starting range of rates and may increase over the life of the loan.
Give Your Life’s Journey a Jump-Start
If you’re ready to put student loans in your rearview mirror, Nelnet Bank student loan refinancing offers competitive rates and flexible terms to help you start getting ahead.
How To Get Started
You’re minutes away from checking your eligibility – and a few short steps away from saving big.
Apply in a few minutes online.
Review Loan Offers
Choose the best loan option for you.
Accept Loan Offer
Upload documents and accept loan terms.
How do I qualify?
There are just a few simple eligibility requirements.
You or your cosigner must be a U.S. citizen or have permanent residency status with a valid U.S. Social Security number.
You must have graduated with a Bachelor’s degree or higher.
You must be the legal age to enter into binding contracts in your state/territory of residency, or be at least 17 years of age and apply with a cosigner who is at least the age of majority in their state/territory.
You or your cosigner must meet Nelnet Bank’s credit criteria.
You or your cosigner must meet Nelnet Bank’s annual income criteria.
A cosigner isn’t required, but may help you meet credit or qualify for a better rate.
What Do I Need to Get Started?
Once you’re pre-qualified, at a minimum you’ll need to upload some documents to verify income and help us pay off your old Loans.
CheckYour most recent student loan or payoff verification statementIf you have multiple student loans, no problem – just send us one for each.
CheckProof of IncomeIf you’re employed, two recent pay stubs work best. If you have other income, we’ll instruct you on the proper documentation.
Frequently Asked Questions
Have questions about student loan refinancing? If we haven’t answered your questions below, contact us – that’s why we’re here.
A Note About Student Loan Refinancing
Understand and evaluate the various features and benefits of your current loans, and any potential benefits that may be lost by refinancing federal and private education loans, such as the loss of any remaining grace periods. Learn more about what to take into consideration when refinancing federal student loans with private education loans.
2This calculator is intended for informational purposes only and accuracy is not guaranteed. Actual loan terms will be based on your application and credit report.
The lowest interest rate requires a creditworthy eligible borrower, and automatically withdrawn (“auto debit”) payments, a five-year repayment term, and borrowers making immediate principal and interest payments. Not all borrowers will receive the lowest rate.
Your actual savings, if any, may vary based on interest rates, balances, remaining repayment terms and other factors. Refinancing to a longer term may lower your monthly payments, but may also increase the total interest paid over the life of the loan. Refinancing to a shorter term may increase your monthly payments, but may lower the total interest paid over the life of the loan. back