You funded their degree — now flatten the debt

Variable rates start at 1.88% APR and fixed rates start at 2.50% APR with autopay. Get your rate estimate in two minutes without affecting your credit score.

Building a brighter financial future

Online application and intuitive dashboard = more savings and less hassle

  • Choose your preferred payment based on your budget
  • Increase payment anytime to pay off loan faster
  • Adjust your payment date anytime with ease
  • Make extra or early payments without fees
  • Skip a payment and make it up later
  • Consolidate your private and federal loans

A refinancing experience built to save you time and money


Rate Estimate

By analyzing information beyond your credit score, we can provide an instant rate estimate. You’ll receive your final rate when your application has been approved.



Our application gathers further information to fill out your profile—such as indicators of financial responsibility. Read our eligibility guide.



We look at data other lenders don’t (like your savings, education, and earning potential) to offer fair, customized rates. Read more about what makes us different.



If you’re approved to refinance, you can set your preferred monthly payment, based on your budget. Learn about our money-saving Precision Pricing.

Student Loan Refinancing 101

Why Refinance Student Loans?

When you refinance student loans, you get credit for the positive changes to your financial profile since you originally took out the loans. A student loan refinance is a good choice for people who have seen advances in their income, career, or credit score since they were in school.Our data-driven evaluation of your full financial profile gives us the ability to offer qualified borrowers lower, more personalized rates than traditional lenders can. So whether you want to pay off your student faster or just reduce your student loan payments, we can help.

Refinancing vs. Consolidation

Student loan consolidation is the process of unifying several loans with different rates and terms into a single loan with a single payment. The blended interest rate is determined by calculating the weighted average interest rate of the original loans (meaning higher balance loans have greater impact). Consolidating student loans does not affect the amount of interest you pay—it just simplifies your payments.Refinancing student loans, on the other hand, is a step beyond consolidation. When you refinance multiple loans, the lender will evaluate your current financial profile to provide a rate that reflects your financial progress since you originally took out the loans. Whereas consolidation just streamlines bills, refinancing also shrinks them. Read more about refinancing vs. consolidation on our blog.

Earnest Student Loan Refinancing Reviews

See what our clients have to say
4.82/5 ( 208 reviews )

Best loan transfer ever

Honestly the most best experience ever for a refinance of a federal parent plus loan in my time. I've done 3 of them so I have all kinds of personal experience and i wouldn't recommend you going anywhere else but EARNEST!!!!!! THAT'S THE TRUTH...Hands down.

- Mechanicsburg, PA
Harrisburg Area Community College-Harrisburg, Associates

Saved me a lot of money

Application process was straightforward and quick. Had a little trouble submitting the correct tax documents but it was well worth the effort as Earnest saved me many thousands of dollars over my previous student loan.

- Evergreen, CO
Whittier College, JD

Extremely easy and efficient

I have been trying to refinance my student loans for a few months now, finding it quite difficult because of the approval process. With Earnest, it took all but a few minutes and I was approved. The customer service is probably the most friendly customer service I have ever dealt with. I would definitely give this company a shot if I was looking to refinance student loans.

- Woodmere, NY
American University of Antigua, MD
See more reviews

Reviews solicited from random sample of Earnest clients since July 2017. All responses are published here in full. No compensation was provided in exchange for reviews.

Credit is complicated — learn the basics here

We’ve put together a library of essential resources (like how-to guides, comparisons, and calculators) to help you make better choices when it comes to refinancing student loans. And keep an eye out—we’re always adding more.

Frequently Asked Questions

Who should consider refinancing with Earnest?

We look for clients who have a strong history of financial responsibility, which can show itself in many ways. For example, some clients may have a limited credit history, but present healthy savings patterns and a career with strong earning potential.

Is it possible to refinance both federal and private student loans?

Absolutely. When considering refinancing your federal student loans, it is important to review the current protections and benefits you are granted with those loans and understand which of those you may be giving up when refinancing with a private lender like Earnest.

Can I refinance just my high-interest loans?

Once you’re approved, you are automatically approved for the total eligible student loan amount listed on your credit report. When you’re ready to accept your loan, you can choose to refinance less than the requested amount (as long as it’s above $5,000) or up to 105% of your approved amount.

Explore Earnest products

Student loan Refinancing

Get one simple payment that fits your budget. Variable rates start at 1.88% APR with Auto Pay.

Learn more

Private Student Loans

Apply on your phone, get set for next semester. Variable rates start at 1.04% APR with autopay.

Learn more