Student Loan Refinancing

ONE LOAN. ONE PAYMENT.

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.

WHAT CAN I CONSOLIDATE AND REFINANCE?

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

AM I ELIGIBLE TO REFINANCE?

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.

CLEAR RATES¹. NO GAMES.

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.