Student loans designed for Boston University
Living in historic Boston only gets better as a Boston University student. Between cheering on Terrier hockey and rowing the Charles, BU students all receive a first-class education. Earnest helps BU students and grads finance their BU degree with low-cost student loans. Please note, Boston University is not affiliated with Earnest and does not endorse Earnest's loans.
Big dorms, bigger dreams at BU
Over 250 fields of study and 500 student organizations
The handsome BU campus never disappoints, with scenic Charles River views in Boston’s historic Fenway-Kenmore and Allston neighborhoods. Boston University dorm options span the gamut, from the traditional Towers of West Campus to the massive Warren Towers (the second-largest dorm in America), to the modern StuVi complex.
The BU campus along the Commonwealth Ave corridor is served by many MBTA lines, as well as the BUS (Boston University Shuttle). Boston University’s highly ranked grad programs include the BU School of Law JD, Questrom School of Business MBA, BU School of Medicine MD, and Goldman School of Dental Medicine DDS—no matter what path you choose, BU has a degree for you.
Terriers chase big savings on their BU education
Earnest student loans and student loan refinancing
Boston University Alumni
Earnest provides BU grads with a seamless consolidation and refinancing experience to make the process of managing student loans as easy as possible. Earnest offers rates based on your unique financial profile, with customized payments that fit your desired budget and timeline. Whether you plan to start your career in Boston, or take on the challenge of a new city, Earnest helps you stay on track financially.
Boston University Students
BU does its best to minimize student debt. Nearly 40% of BU students receive need-based aid, and on average, Boston U covers 86% of students’ financial need. We encourage you to contact the Boston University Financial Assistance Office to learn more about BU scholarships, grants, jobs, and other ways to ensure you leave Boston with lasting friendships and memories—not student debt.
Behind the scenes of BU student loan refinancing
Get the facts before making any decisions
When comparing loans, take into account the rates you’re offered, as well as factors like flexibility and customer service from the loan provider. Many companies will outsource your loan servicing.
You can refinance both Federal and private student loans with Earnest. You’ll effectively consolidate all your loans into one new, lower rate Earnest loan.
Many people are able to refinance into much lower interest rates, saving them thousands, if not tens of thousands, of dollars. In addition, Earnest offers in-house support for the life of your loan and a seamless technology platform to manage your loan.
Yes. Previous refinancing or consolidation does not affect the eligibility of your application.
Refinancing is a great solution for employed or soon-to-be-employed graduates who have high-interest, unsubsidized Direct Loans, Graduate PLUS loans, and/or private loans.
Consolidation simply combines multiple student loans into one. That means one monthly payment instead of having to juggle many different ones, sometimes with multiple servicers. When you consolidate, your interest rate will be a weighted average of the interest rates on the loans you combine. You won’t save money— but it can make life easier by reducing the amount of time you spend managing different payments.
Refinancing can be done with one loan or several, and involves getting a new loan with a different (usually lower) rate than before, due to changes in your financial situation. When you refinance, you typically work with a company to pay off the original loan(s) and get a new unified loan at a lower rate.
Recommended reading for BU students
Stay ahead of the curve with these resources
Refinancing is easier with Earnest
Rather than looking at student loans as a ball and chain, we see them as a balloon—lifting students to new heights, and enabling incredible opportunities and achievements. Through innovative data science we make that balloon as light as possible, saving clients thousands on every loan. And with exceptional service, we ensure our clients make decisions with confidence. At Earnest, we seek to offer a student loan like no other.