When to consider a student loan refinancing (REFI)

Starting out: Simplify repayment by combining multiple loans, as well as lower your interest rate, monthly payment, or both. Save more so you can work towards other goals. Preparing for grad school: Combine your existing loans before taking out other student loans to potentially save money on interest. You may also be able to defer your new loans when you go on to grad school. Starting a family: Start planning for the future by lowering monthly payments to put room in your budget, or choose a fixed rate for a more predictable monthly payment. Buying a home: Prepare your finances for pre-approval by lowering your monthly payments, or combining loans to simplify your repayment experience. Becoming empty nesters: If you co-signed a loan, or took out PLUS loans to help your child obtain their degree, combine them to make repayment easier and potentially save money over time.

Ready to take control of your student loan debt — and your financial future?

With interest rates so low, now’s a great time to refinance to lower your student loan payments, boost your cash flow, and save the money you need to reach your other financial goals.

Calculate your rate

Citizens is here to help you navigate your student lending options for today and the future. Make sure to visit our Student Lending page — we’re on chat

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Disclaimer: The information contained herein is for informational purposes only as a service to the public and is not legal advice or a substitute for legal counsel. You should do your own research and/or contact your own legal or tax advisor for assistance with questions you may have on the information contained herein.