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Earnest sets the gold standard for affordable Berkeley student loans

Cal Bears get the best of both worlds—a first-class education from UC Berkeley and all of the food, culture, and entertainment the Bay Area is famous for. Earnest helps students and grads finance their Cal education with smart, affordable student loans. Please note, the University of California, Berkeley is not affiliated with Earnest and does not endorse Earnest's loans.


Berkeley has everything a college student could want

Come for a Cal degree—stay for the Bay Area culture

UC Berkeley is known for providing a top-tier education, but that barely scratches the surface of the Berkeley experience. Telegraph Avenue, just south of Berkeley’s campus, is home to incredible restaurants, nightlife, and shopping, with plenty of remnants from the historic 60’s counter-culture. Bears also enjoy the famous Greek Theatre, Zellerbach Hall, and hikes around Tilden Park.

Whether you plan to get involved in the Bay Area startup scene or your career aspirations drive you elsewhere, Cal has 170 exceptional programs to choose from, including the Haas School of Business MBA and the UC Berkeley School of Law JD. Berkeley is also well known for campus traditions, with the Big C and the Campanile playing feature roles in both.


Bear-sized savings on your Cal education

Earnest student loans and student loan refinancing

UC Berkeley Alumni
Earnest simplifies student loan debt for Cal grads by providing a seamless consolidation and refinancing experience. Earnest offers competitive rates based on your unique financial profile, plus the ability to customize your payments to match your desired budget and timeline. No matter where your Cal degree is taking you—Earnest wants to save you money along the way.

UC Berkeley Students
Cal is committed to making their education affordable for allㅡover 65% of students receive financial aid and California families with incomes below $80,000 pay no tuition. We encourage you to contact the Cal Financial Aid and Scholarships Office to learn more about Berkeley scholarships, grants, jobs, and other ways to ensure you leave Berkeley with a lifetime of memories—not student debt.


Behind the scenes of Cal student loan refinancing

Get the facts before making any decisions

How should I choose a student loan refinancing provider?

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.

Which type of loans can I refinance?

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.

What are the benefits of refinancing my student loan(s)?

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.

Can I refinance loans that have previously been consolidated or refinanced?

Yes. Previous refinancing or consolidation does not affect the eligibility of your application.

Who should consider refinancing with Earnest?

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.

What is the difference between consolidation and refinancing?

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 Cal students

Stay ahead of the curve with these resources

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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.