guide for 
students
Repay your student loans with confidence.
NerdWallet and Magoosh Online Test Prep have teamed up to bring you the tools to repay your student loans. Read on to learn more about your options and how NerdWallet can help you get on track.
Repayment Plans
Know which plan makes the most sense for your specific needs. This guide will walk you through each option to help you choose the one that’s right for you.
Refinance Student Loans
Refinancing could give you lower interest rates. Compare multiple lenders and see your potential savings.
How NerdWallet can help you
Save money
Read our articles below and learn all you need to know to save money through refinancing.
Compare options
Our tools offer an impartial look at student loan refinancing lenders to help you choose the offer that’s best for you.
Get expert advice
NerdWallet gives you the guidance you need to finance your education and pay back your student loans.
Student loan refinance options
The best refinance lender for you depends on your priorities. Borrowers often look for the lowest interest rate possible, but it’s worth checking out the various features each lender offers. See our reviews for the full details.
| Lender | APR ranges* | Min credit score | Details |
|---|---|---|---|
| Rates updated monthly. *All APR ranges include a 0.25% autopay discount if available. See additional offer disclosures below. |
|||
|
Fixed: 3.2% - 7.25% Variable: 2.72% - 7.25% |
660 | Pros Forbearance available for up to 24 months (longer than many lenders allow) Cons |
|
Fixed: 3.09% - 6.69% Variable: 2.55% - 6.01% | 680 | Pros Offers a $100 bonus if borrowers accept loan offer within 30 days of initial application date Cons |
|
Fixed: 3.89% - 6.97% Variable: 2.47% - 6.23% | 650 | Pros Offers bi-weekly payments, which can help cut down on total interest paid over the life of a loan Cons |
|
Fixed: 3.899% - 7.804% Variable: 2.48% - 6.99% |
Varies | Pros - Borrowers can refinance a parent PLUS loan in their name - 12 months of forbearance Cons |
Learn more about repaying your student loans
Student Loan Refinancing FAQ
By Devon Delfino
NerdWallet's Student Loan Calculator
By Teddy Nykiel
4 Sane Ways to Pay Down Student Debt
By Devon Delfino
