Simplify Your Student Loans

Combine multiple loans and payments into one loan with only one monthly payment!

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This product is temporarily unavailable. Rest assured, we are working to provide the best option for refinancing your student loans. If you have any questions, please contact us at (213) 821-7100.

Simplify your financial life, and save money in the process! Refinance your federal or private student loans into one easy, convenient payment with a lower rate – and take up to 15 years to repay. Choose the low rate (variable of fixed) that best fits your needs! Our members save an average of $4,425* when they refinance student loans with USC Credit Union.

Our Collegiate Choice Refinance Loan offers competitive interest rates and flexible repayment terms. Repaying your private student loans is easy!

Benefits Include

  • One monthly payment combines multiple loans and payments into one loan.
  • You choose: fixed or variable interest rates*
  • Flexible repayment terms. Take 10, 15, or 20 years to repay.
  • Lower your monthly payments if you qualify for a lower rate or extend the loan repayment term.

Competitive Interest Rates (APR)**

  • Variable interest rate ranges from 1.95% APR (with auto-pay discount) to 7.97% APR (no discount)
  • Fixed interest rate ranges from 4.44% APR (with auto-pay discount) to 11.79% APR (no discount)

Fees
USC Credit Union does not charge an application fee or origination fees. You may also pay off your loan without penalty at any time.

Loan Amount
$5,000 up to $75,000
The lifetime limit for this loan combined with all other education-related debt is $200,000.

Repayment
Repayment begins immediately.

  • 10-year repayment term: Loan amount of $5,000 or more
  • 15-year repayment term: Loan amount of $30,000 or more
  • 20-year repayment term: Loan amount of $45,000 or more

Interest Rate Discount:
Receive a 0.25% interest rate reduction when your monthly payment is automatically deducted from your checking or savings account.***

**Variable Rate: 1.95% annual percentage rate (APR). 180 monthly payments of $6.41 per $1,000 borrowed. Borrowing $20,000 at 1.95% accrues $3,083.52 in interest during the 15 year repayment term. Rate is variable and can change quarterly. For further information on rates and costs for the Variable Rate Student Loan Refinance, see the Application Truth in Lending Disclosure. Fixed Rate: 4.44% annual percentage rate (APR). 180 monthly payments of $7.62 per $1,000 borrowed. Borrowing $20,000 at 4.44% accrues $7,429.49 in interest during the 15 year repayment term. For further information on rates and costs for the Fixed Rate Student Loan Refinance, see the Application Truth in Lending Disclosure. For both loans, you will be required to review the Application Truth in Lending Disclosure prior to submitting an application. The minimum loan amount is $5,000. Your interest rate will be determined by your credit score or your cosigner’s, whichever is greater.
***To be eligible for the interest rate reduction for automatic payments, you must be signed up for automatic payments through USC Credit Union. If at any time automatic payments are stopped or the loan is not in good standing, the rate discount will not be applied. USC Credit Union reserves the right to modify or discontinue benefits at its discretion and without notice.
Membership is required when taking a loan out with us. If you are not currently a member of USC Credit Union, we will contact you to establish membership. Establishing membership is easy and includes opening a membership savings account. If you do not complete the membership application, we will create your membership savings account for you.