In observance of Martin Luther King Jr day, our office will be CLOSED Monday, January 18.

Student Loan Refinancing

You worked hard for your education. Reward yourself with more money in your pocket and a simplified way to pay off your student loans.

Save Money

Avoid the variable rate game and lock in a low rate for the life of your loan! Save money and pay your loan off faster.

Rate Discounts

Save money where you can! Take 0.25% off your approved rate when you opt for automatic payments.

We’re Local

Want to deal with someone you can trust? We work for you, not stockholders. We’re here for our members.

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Take control of your student loan repayment by refinancing with Money Federal Credit Union! You’ll be able to refinance and consolidate your private and federal student loans (including PLUS loans) into one manageable loan, setting up one convenient payment. You could potentially lower your rate and save thousands in interest.


Federal Education Loans (including, but not limited to):

  • Federal Family Education Loan Program (FFELP) Subsidized or Unsubsidized (Stafford Loan), Grad, or Parent PLUS
  • William D. Ford Direct Loan Program Subsidized or Unsubsidized (Direct Stafford Loan)
  • William D. Ford Direct Loan Program Undergraduate, Grad or Parent PLUS
  • Perkins (NDSL), Nursing or Health Education Assistance (HEAL)
  • Consolidated Loans

Private Education Loans or Institutional Education Loans:

  • Undergraduate
  • Graduate
  • Consolidated Loans


If you meet the following criteria, you can take advantage of our student loan refinancing.

  • Graduation from an eligible school
  • Steady employment for the past 24 months
  • Gross (pre-tax) income of at least $36,000/year or $3,000/month
  • No prior defaults on any education loan
  • Credit qualifications are required (can apply with a co-signer if necessary)

If you are not a member of Money Federal Credit Union, you may apply to refinance, but would need to become a member in order for the loan to be funded. It only takes $5 to open an account and join our credit union family! Anyone who lives, works, or attends school in our local region (Onondaga, Oswego, Cayuga, or Madison County) is eligible for membership, or if an immediate family member has an account with Money FCU.


Refinancing your loans shouldn’t be a guessing game. We won’t show you a teaser rate then have it skyrocket after you apply. The Annual Percentage Rate (APR) you qualify for is fixed for the life of the loan.

1Rates shown include a 0.25% discount for optional enrollment in automatic electronic payments. All loans are subject to approval and restrictions may apply. Program, rates, terms, and conditions may change at any time without notice. Your interest rate is fixed and your rate and/or credit approval depends upon the credit qualifications of the student borrower or cosigner (if applicable). Rate is based on official FICO credit score obtained through the credit bureau. We do not consider scores generated by credit monitoring websites or services.


Call (315) 671-4000 or chat with us, Monday-Friday 9am-4pm! You can also call our dedicated student loan refinance call center at 866-656-0788. Someone is there to answer your questions 24/7.

Student Loan Refinance Information: 866-656-0788   |   Existing Student Loan Information: 800-723-2210

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