Alert Message

The buzz on Rochester student loan savings

Regarded as a top national university, the University of Rochester has educated Yellowjackets on the snowy shores of Lake Ontario since 1850. Earnest helps UR students and grads finance their education with smart, affordable student loans. Please note, the University of Rochester is not affiliated with Earnest and does not endorse Earnest's loans.

Lady in library reading

Life is ever better with a UR education

A warm community in chilly Rochester

The University of Rochester is considered a “New Ivy” and offers top-ranked degree programs in a variety of fields. One of UR’s best contributions to the academic world was the development of America’s first Institute of Optics. Other noteworthy programs at UR include an MBA from Simon Business School, an MD from UR School of Medicine and Dentistry, a DNP from UR School of Nursing, as well as the master’s and doctoral programs from the world-renowned Eastman School of Music.

UR’s main campus (known as River Campus) is located along the Genesee River just south of downtown Rochester. The academic buildings cluster around the Eastman Quad, noted for its beautiful landscaping. Nearby are the UR Medical Center (URMC) and Eastman School of Music in downtown, and South Campus in Brighton. Fortunately the University of Rochester shuttles make for easy transportation between campuses. Despite the cold weather, students enjoy vibrant campus life, including October’s massive Meliora Weekend

Lady in library reading

Take the sting out of student loan debt

Earnest student loans and student loan refinancing

University of Rochester Alumni
UR grads with student loan debt rely on Earnest for a seamless consolidation and refinancing experience. You receive competitive rate offers based on your personal financial profile and you can customize your payments to work with your desired budget and timeline. Wherever your Rochester education leads you—Earnest wants to save you money along the way.

University of Rochester Students
UR is committed to helping Yellowjackets afford the highly-ranked private education they desire. In fact, 99.8% of applicants with financial need receive some form of aid and the average award is $40,149. We encourage you to contact the University of Rochester Financial Aid & Scholarships office to learn more about UR scholarships, grants, jobs, and other ways to ensure you leave Rochester with a lifetime of wisdom and memories—not student debt.


Behind the scenes of Rochester 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 UR students

Stay ahead of the curve with these resources

People around a computer

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.