The bottom line: U-fi From Nelnet is a partnership between veteran student loan servicer Nelnet and Union Bank and Trust Company. Its student loan refinancing is best for borrowers who may need wiggle room on payments, or those who didn’t graduate.
U-Fi From Nelnet Student Loan Refinance
3.19 - 6.76%
1.98 - 6.86%
Min. Credit Score
Pros & Cons
No option to temporarily pause payments through forbearance.
You can see if you'll qualify and what rate you'll get without a hard credit check.
Below-average customer support compared with other lenders.
Loans aren’t available in Vermont.
Compare to Other Lenders
Refinancing student loans through U-fi From Nelnet is a good option for borrowers who don't have strong enough credit to qualify independently but have a creditworthy co-signer. It's also a good fit for borrowers who might need flexibility on payments in the future.
Applicants with credit scores as low as 640 can be accepted if they apply with a co-signer who has a score of at least 680. It also offers longer-than-average forbearance periods, allowing borrowers to postpone payments for up to 24 months throughout their loan term.
U-fi From Nelnet is a partnership between veteran student loan servicer Nelnet and Union Bank and Trust Company.
U-fi from nelnet at a glance
Generous forbearance policy.
Co-signer release option.
Longer-than-average forbearance periods.
How U-fi FROM NELNET could improve
U-fi From Nelnet could improve by:
Assigning customers a dedicated student loan advisor.
Allowing biweekly payments via autopay.
How much can refinancing save?
U-fi From Nelnet student loan refinancing details
Before refinancing with U-fi From Nelnet
You can apply for a Nelnet refinanced student loan on its website. Before deciding on a student loan refinance lender, compare multiple student loan refinance options to make sure you’re getting the best rate you qualify for. In addition to interest rates, compare lenders’ repayment options and the flexibility they offer borrowers who are struggling to make payments.
If you aren’t eligible to refinance with U-fi From Nelnet
If U-fi From Nelnet denies your refinance application, the lender will let you know why. Depending on the reason, you may want to consider other lenders or using a co-signer.
NerdWallet recommends prequalifying with multiple refinance lenders before you apply. This will let you know which lenders you may be eligible with, without affecting your credit.
STUDENT LOANS RATINGS METHODOLOGY
NerdWallet believes the best student loan is one you can repay at the lowest interest rate you can get. That’s why NerdWallet’s student loan ratings reward lenders that offer a variety of loan terms, limit their fees and penalties, and extend borrowers multiple options to avoid default. Points are also awarded for soft credit checks, underwriting transparency and other consumer-friendly features. Use these ratings as a guide, but we encourage you to shop around for the lowest interest rate you can qualify for. NerdWallet does not receive compensation for its reviews. Read our editorial guidelines.
Frequently asked questions
U-fi From Nelnet is a private refinancing student loan offered by Nelnet, a private company that also services federal student loans.
Borrowers must have at least an associate's degree or above to refinance with U-fi from Nelnet.
Vermont residents cannot refinance student loans with U-Fi from Nelnet.