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MEFA Student Loan Refinancing Profile

RATES

As low as 4.02%*

TYPES OF INTEREST RATES

15 years

Fixed and Variable

LOAN TERMS

MEFA’s Education Refinancing Loan program is designed to help young professionals and families lower their monthly payments, simplify the monthly bill paying process, and lower the associated interest rate on outstanding education loan debt. Read full MEFA student loan refinancing review

Loan Qualifications: Refinance federal, private, and ParentPLUS loans

No Degree Required: Out of school borrowers and borrowers without degrees are eligible

Low Minimum Income: Borrower must have an annual income of at least $24,000

High Balance Borrowers: Consolidate and refinance from $10,000 up to any balance, regardless of degree type

Broad School Eligibility: Eligible programs include associate through graduate degrees from not-for-profit institutions

Eligibility

Rates Valid as of July 1, 2017

Variable Term

4.95 - 6.95%

Term (Years)

4.02 - 7.37%

Fixed Term

15

Term (Years)

15

Rate (APR)

*APRs include autopay and loyalty discounts where available

Rate (APR)

Products

  • No application, origination or disbursement fees
  • No maximum loan balance

Key Benefits

MEFA Refinance Loan

ACS Education Services

LOAN SERVICER

LOAN NAME

Additional Information

Learn about that factors that influence the rate you qualify for when you refinance so you can maximize your offer.

If you’re feeling overwhelmed with student loan debt, refinancing your student loans could be the solution you've been searching for.

Considering refinancing your student loans? Learn the pros and cons of fixed and variable rate loans.

Learn what your deferment and forbearance is and what happens to these benefits if you choose to consolidate or refinance.

Learn More About Student Loans

The average graduate who refinances with Credible saves $18,668