Refinance your student loans and save thousands

Lower your monthly payments with rates starting as low as 3.90% APR*. Check your rate in minutes with no impact to your credit score.

Check my rate

Won't affect your credit score until you're ready to apply

Shop multiple lenders to find the best rate for you

Get results in minutes

Simple, transparent and flexible loans for you

You could lower your overall cost and monthly payments

Lower your monthly payment

Save by refinancing at a lower interest rate**.

Fast & simple process

Complete application takes minutes. Get approved in as little as 1 business day.

Flexible terms

Choose from 5, 7, 10, 15, or 20-year repayment terms that fit your financial goals.

Simple steps to freedom

Refinancing your student loans is simple with our streamlined process.

1. Check your rate

Fill out a simple form in minutes. No impact to your credit score until you're ready to apply.

2. Compare options

Review personalized rates and terms across various lenders. We do the shopping for you.

3. Get approved

Complete the full application and get approved in as little as 1 business day.

4. Start saving

The lender you select will pay off your old loans and you'll start making lower monthly payments.

Check my rate

Student loans refinance FAQ

We've got answers. Here's everything you need to know.

No. Checking your student loan refinance rate uses a soft credit check, which does not affect your credit score.

A hard credit check only happens if you decide to submit a full refinance application with a lender.

This allows you to safely compare multiple lenders and see potential savings before committing.

You can choose which loans you want to refinance.

Many borrowers refinance:

Only private loans
A portion of their loans
Or all eligible loans

However, federal student loans should be evaluated carefully before refinancing because refinancing converts them into private loans and removes federal benefits like income-driven repayment and loan-forgiveness programs.

*Fixed rates range from 4.40% APR to 9.80% APR. With a 0.25% autopay discount established at loan origination with an automated monthly debit from a qualifying deposit account for repayment, fixed rates range from 3.90% to 9.55% APR. Rate ranges are current as of 5/27/26 and are subject to change at any time without notice. Rates depend on a variety of factors. Lowest rates reserved for the most creditworthy borrowers. Autopay is not required to obtain a loan. The APR advertised is offered by third-party lending institutions and not Rate. Rate is not a student refinance lender, and does not participate in credit decisions. Final rates may differ based on your credit profile and other factors. Consult a qualified adviser before refinancing.

**Your actual savings will vary based on your specific loan amount, interest rate, repayment term, and creditworthiness. Average savings figures are based on loans refinanced during the six-month period ending March 24, 2026, and reflect the average balance, average rate refinanced, and offered rates assuming a standard 10-year repayment plan. Extending your repayment term may lower your monthly payment but could result in paying more total interest over the life of the loan. Checking your rate involves a soft credit inquiry only; a hard credit inquiry will be required to complete a full application. This is not an offer or commitment to lend.

This marketplace is operated by Rate, which connects borrowers to our lender partners (Lendkey, Splash Financial and Earnest). Rate is not a student loan lender and does not make credit decisions. All credit decisions are determined by Rate’s student loan lending partners. Rate will receive compensation for products purchased from these lenders. Compensation will not impact how or where products appear on the platform when requesting prequalified rates and loans. Not all lenders participate in the marketplace. Prequalified rates are provided as informational only and intended to provide you with options for a loan with one of our lender partners and are not offers of credit. Rates from lending partners may differ. All prequalification scenarios are based on the information provided by the consumer and a soft credit pull completed by one of Rate’s lending partners. Product availability varies by state. Not financial advice.

Refinancing federal student loans into a private loan permanently eliminates access to federal benefits including income-driven repayment plans (SAVE, PAYE, IBR, ICR), Public Service Loan Forgiveness (PSLF), Teacher Loan Forgiveness, and federal deferment and forbearance. These benefits cannot be restored. Visit StudentAid.gov or contact your federal servicer before refinancing.