Refinance Student Loans

Refinance Student Loans

Refinance existing student loans to lower or reduce monthly payments

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Refinance Student Loan Rates as low as

APR Effective 5/1/2021*


Student Refinance Loan

Fixed Rate


Parent Refinance Loan

Fixed Rate

*See important information about rates, fees and other costs

Why Refinance Your Student Loans? 

Refinancing your student loans may lower your monthly loan cost. If you have good credit and a stable job, the lower interest rates may save you money. Refinancing may also be a consideration for student graduates looking to consolidate multiple loans.

Features and Benefits 

  • No origination fee (BECU doesn't charge you an application fee to process the loan)
  • 0.25% APR interest-rate discount when you sign up for automatic payments2
  • No prepayment penalty


  • Be a BECU Member  (it's free to join)
  • Students must have graduated from an eligible school
  • Parents are also eligible to refinance federal ParentPlus or private student loans
  • You and your co-signer (if applicable) must be U.S. citizens or permanent residents 
  • Legal adult in the state in which you reside (age 18 in most states) 

Cosigner Information 

  • Cosigners aren't required for Refinance Loans, but applying with a cosigner could help you secure the best possible rate, and therefore lower your monthly payment
  • Cosigners may be released after 24 on-time, consecutive payments3

Manage Existing BECU Student Loans


About LendKey 

  • 4.5 star rating on Nerdwallet.

  • Has an established online presence in the Student Lending space since 2009

Related Content

1 Financing is subject to BECU membership, credit approval, and other underwriting criteria; not every applicant will qualify. Rates are based on an evaluation of credit history and other factors specific to your loan (such as loan term and loan amount) and may be higher than the lowest rates advertised. Your final APR may differ from your loan interest rate due to additional fees that may apply. Loan program including rates, terms, and conditions are subject to change without notice. The payment example illustrates the estimated annual percentage rate (APR) and monthly payment for a $10,000 loan amount with various terms. If you selected a 10-year term, you would make 120 monthly payments of $106.02 to $125.27—depending on your APR.

2 All rates include the auto-pay discount of 0.25%. If the automatic payment is canceled any time after enrollment, the rate reduction will discontinue. This rate reduction may be suspended during any period of forbearance or deferment. 

3 Primary borrower may apply to remove cosigner after 24 on-time payments of principle and interest during the repayment period, subject to credit approval and other underwriting criteria.