MEFA Student Loan Refinancing Profile
TYPES OF INTEREST RATES
Fixed and Variable
As low as 4.45%*
10 and 15 years
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
Low Minimum Income: Borrower must have an annual income of at least $24,000
Broad School Eligibility: Eligible programs include associate through graduate degrees from not-for-profit institutions
High Balance Borrowers: Consolidate and refinance from $10,000 up to any balance, regardless of degree type
No Degree Required: Out of school borrowers and borrowers without degrees are eligible
*APRs include autopay and loyalty discounts where available
Rates Valid as of October 1, 2018
4.45 - 6.50%
4.70 - 6.95%
4.55 - 7.15%
5.15 - 7.65%
American Education Services
MEFA Refinance Loan
If you’re feeling overwhelmed with student loan debt, refinancing your student loans could be the solution you've been searching for.
Learn about that factors that influence the rate you qualify for when you refinance so you can maximize your offer.
Learn what your deferment and forbearance is and what happens to these benefits if you choose to consolidate or refinance.
Considering refinancing your student loans? Learn the pros and cons of fixed and variable rate loans.
Learn More About Student Loans
The average graduate who refinances with Credible saves $18,668