Student Loan Refinance

Refinance. Consolidate. Save.

Refinance or consolidate your federal or private student loans with your choice of two bank-beating rates and terms that optimize your payments. Choose loan amounts ranging from $5,000 minimum to $75,000 maximum. Grow your savings, not your debt, with USC Credit Union, a local not-for-profit financial institution that puts member needs first.


What We Offer

  • No Hidden Fees. No application or origination fees. No pre-payment penalties.
  • Federal + Private Loans. Refinance and consolidate both federal and private student loans.
  • Bank-Beating Rates. Choose our best rates starting at 5.96% APR1 (variable) / 5.49% APR1 (fixed).
  • Easy Application. Apply online in five minutes with one quick application.
  • Borrowing Flexibility. Choose loan amounts from $5,000 to $75,000.
  • Peace of Mind Protection. Cover the unexpected by adding Peace of Mind Protection to your loan.

Consolidate and refinance in four easy steps.

  1. Choose your loan. Compare payments, rates, and terms and choose the plan that fits your needs.
  2. Get pre-approved. We take the process out of the application process. Apply online in five minutes.
  3. Upload documents. Verify your current loans and identity. Using screenshots? Not a problem.
  4. Review and sign. Review your loan documents and add your electronic signature to your application.

Student Loan Refinance¹

Rates accurate as of 4/18/2024
All rates and terms subject to change without notice.

TermVariable APR as low asFixed APR as low as
60 Months5.96%5.49%
84 Months7.36%6.39%
120 Months7.66%6.69%
180 Months8.06%7.09%

¹For 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. Membership is required. Must qualify for USCCU membership and membership fee may apply; please call (877-670-5860) or visit www.USCCreditUnion.org to confirm eligibility. Must be 18 years old or older. Must pass Chexsystem. All accounts are subject to approval process. Terms and Conditions Apply. USC CREDIT UNION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident and meet USC Credit Union’s underwriting requirements. This information is current as of 4.18.2024 and is subject to change.

Variable Rate: 5.96% annual percentage rate (APR) effective 4.18.2024. 60 monthly payments of $19.31 per $1,000 borrowed. Borrowing $20,000 at 5.96% accrues $3,177.05 in interest during a 5-year repayment term. These monthly payments and accrued interests are for illustration purposes only. If approved for a loan, the variable interest rate offered will depend on your credit history and the Credit Union’s underwriting standards. Variable rates from 5.96% – 9.52% APR (with AutoPay). Rate is variable and subject to change. Interest rates on variable rate loans are capped at 18.00%. Lowest variable rate of APR assumes current 90-Day SOFR Average rate of 5.360% plus 1.100% margin and subtracting the 0.25% AutoPay discount and the 0.25% Graduate School discount. For the variable rate loan, the 90-Day SOFR Average index will adjust quarterly and the loan payment will be re-amortized and may change quarterly. APRs for variable rate loans may increase after origination if the SOFR index increases. The above figures assume no changes in the SOFR index, no pre-payments, no additions to the loan principal, and all payments made in a timely manner over the life of the loan. For further information on rates and costs for the Variable Rate Student Loan Refinance, see the Application Truth in Lending Disclosure.

Fixed Rate: 5.49% annual percentage rate (APR) effective 4.18.2024. 60 monthly payments of $19.10 per $1,000 borrowed. Borrowing $20,000 at 5.49% accrues $2,915.86 in interest during the 5-year repayment term. These monthly payments and accrued interests are for illustration purposes only. If approved for a loan, the fixed interest rate offered will depend on your credit history and the Credit Union’s underwriting standards. Lowest fixed rate of 5.49% assumes enrollment in AutoPay and includes the 0.25% Graduate School discount. For further information on rates and costs for the Fixed Rate Student Loan Consolidation and Refinance, see the Application Truth in Lending Disclosure.

AutoPay is a voluntary repayment benefit managed by USC Credit Union that awards a 0.25% interest rate reduction to borrowers that elect to have their monthly payments electronically deducted from a designated checking account. 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.

For all loans with a Fixed APR: Monthly payments are calculated with the original loan rate and will not be reduced by the discounted rate.

For all loans with a Variable APR: The rate stated on this agreement is based on the rate at the time of loan funding. The index will adjust as stated in your loan agreement resulting in a rate change and new monthly payment.

Let’s Talk!

Give us a call at (877) 670-5860, or fill out the form below and we’ll connect you with our team of student lending specialists!

Cut the cost of your student loans.

Learn how much you could save by consolidating and refinancing your student loans with USC Credit Union.

They offer the best rates on student loans for refinancing and their support center is always extremely helpful whenever I call with questions or issues.

-Jesse

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