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The smarter choice for University of Chicago student loans

When not revolutionizing the fields of physics and economics, Maroons can be found relaxing in the Main Quadrangle, participating in a UChicago Scavenger Hunt, or cheering at Stagg Field. Earnest’s low-cost loans make it all possible. Please note, the University of Chicago is not affiliated with Earnest and does not endorse Earnest's loans.


From the boardroom to the White House, UChicago grads make their mark

It all starts in Hyde Park

Founded by John Rockefeller, the wealthiest man in history, The University of Chicago has a long track record of producing successful graduates—from Nobel Prize winner Milton Friedman to President Barack Obama. However, UChicago balances academics with a beautiful campus and over 350 Recognized Student Organizations.

Additionally, UChicago MBAs, JDs and MDs learn from brilliant thinkers at world-renowned schools such as the Booth School of Business, University of Chicago Law School, and Pritzker School of Medicine – all consistently ranked in the top 10 of their respective fields in the U.S.

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Saving green for Maroons of all ages

Earnest student loans and student loan refinancing

UChicago Alumni

We’ve revolutionized student loan refinancing for an incredibly personalized experience. You’re offered rates based on your unique financial profile and you can even customize your payments according to your desired budget and timeline. Our expert support team helps U of C grads make the best decisions for their financial future.

UChicago Students

As a result of the University of Chicago’s No Barriers program, over ⅔ of UChicago students graduate debt-free and 95% of students with a household income below $80,000 received financial aid. We encourage you to contact the University of Chicago Office of College Aid to learn more about UChicago scholarships, grants, jobs, and other ways to ensure you leave the Windy City with memories—not debt.

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Have questions about UChicago student loan refinancing?

Get the facts before making 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 University of Chicago students

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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.