First Republic Bank Suspends Student Loan Refinance Program
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Got federal student loans?
Refinancing your loans privately means you give up current and potentially future COVID-19 relief.
First Republic Bank stopped offering its dedicated student loan refinancing program in May 2020. It now offers a personal line of credit, which is a type of personal loan that you can use to refinance student loans, as well as car loans and credit card debt, with First Republic.
The bank will continue to service its existing refinanced student loans. Historically, First Republic Bank offered fixed-rate student loan refinancing to very well-qualified borrowers — those with excellent credit scores and robust savings. Those who met First Republic’s requirements could benefit from low rates and access to a dedicated relationship manager.
Personalized service was a differentiator for First Republic's student loan refinancing, and the bank still prides itself on relationship-based service for its new personal line of credit product.
First Republic does business in seven states: California, Oregon, Massachusetts, Florida, Connecticut, New York and Wyoming.
If you're interested in refinancing student loans, consider these lenders:
 |  |  |
|---|---|---|
| Check Rate | Check Rate | Check Rate |
Fixed APR2.98 - 5.79% | Fixed APR3.20 - 7.02% | Fixed APR2.99 - 6.24% |
Variable APR1.99 - 5.64% | Variable APR1.99 - 6.65% | Variable APR1.99 - 6.24% |
Min. Credit Score650 | Min. Credit Score700 | Min. Credit ScoreDoes not disclose |
Or compare student loan refinance lenders by category to find the right one for you:
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