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Alumni Benefits Program

Alumni receive a 0.25% rate discount.1

On behalf of your alumni/ae association Meyer and Associates has negotiated a special rate discount when refinancing your student loans with Laurel Road.

You must apply directly from this page to enroll in this offer.

Alumni Organizations

Select Your School.

Use the dropdown to select your school.

The Alumni Benefit is available through Meyer & Associates. None of the listed schools are affiliated with Laurel Road and none endorse its products.

Start Over

What school are you an alumnus/a of?

Select an Option

Welcome, Smith Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Boston Conservatory Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Brown Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, City Tech Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, CofC Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, ECU Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Georgia College Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Gustavus Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Holy Cross Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Immaculata Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Indiana Tech Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, University of New Haven Alumni!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, SUNY Oneonta Alumni!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, UMass Boston Alumni!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Marywood Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Northern Illinois University Alumni!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Moravian Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Morehouse College Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, PCOM Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Oregon Alumni!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Pitt State Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, RISD Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Saint Peter's Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Salus Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Temple Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, UArts Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Tufts Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Tulane Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, UBalt Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, DU Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Purdue Alumni!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, University of Detroit Mercy Alumni!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, UNO Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, North Georgia Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Washburn Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Wayland Baptist Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Wentworth Institute Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, WWU Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Wilkes Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

My School is not Listed.

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Lake State Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Lehigh Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Penn Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Mankato Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Arcadia Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, BC Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Georgian Court Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Kean Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, King's College Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Nyack Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Presentation Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, TCNJ Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, UChicago Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Rochester Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, Webster Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, WP Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, WPI Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, York Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Charter Oak State College Alumni Association

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, FSU Graduate!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4
Apply Now

Welcome, KCAI Alumni Community!

  • Low fixed and variable rates available when refinancing student loans
  • We don't charge any application or origination fees or prepayment penalties
  • Additional 0.25% discount when automatic monthly payments are made from a bank account4`
Apply Now

Student Loan Refinancing

Alumni and their family members receive a 0.25% rate discount.1

Discover your personalized rate options online in only a few minutes—with no impact to your credit score!2

Check My Rates

Low fixed and variable rates available when refinancing student loans

We don't charge any application or origination fees or prepayment penalties

Up to 12 months of forbearance is available3

Additional 0.25% discount when automatic monthly payments are made from a bank account4

What Our Customers Think

Student loans are stressful so it’s so nice knowing there’s a company out there to make the process as pain free as possible!

Bethany H.

Nurse

I have refinanced other loans, but never as easily as with Laurel Road. The online services they offered made this refi a snap, and their rates were lower than other banks, too.

Dr. Peterson

Physician, Student Loan Refi Customer

I am very happy about the experience I had refinancing my loans through Laurel Road’s Residency Refinance Program. Laurel Road understands the unique situation that residents are in.

Greg P.

Medical Resident

Laurel Road gave me the best interest rate to make my crazy student loans more manageable!

Joyce F.

American Osteopathic Association

Top notch. It is super easy to use and the customer service is the best of any refinance company I looked at. Nothing but satisfied.

Brent L.

Student Loan Refinancer

Questions come up, and we have answers.

Frequently Asked Questions

  • STUDENT LOAN

    Can I still take advantage of federal benefits after I refinance my federal loans with Laurel Road?

    If you are refinancing any federal student loans with Laurel Road, you will no longer be able to take advantage of federal income driven repayment programs or student loan forgiveness, including but not limited to: Income Based Repayment (IBR), Pay As You Earn (PAYE) or Revised Pay As You Earn (REPAYE), and Public Service Loan Forgiveness (PSLF). For more information about the benefits of these federal programs and other federal student loan programs, please visit https://studentloans.gov.

  • STUDENT LOAN

    How does the student loan refinancing process work?

    It’s actually pretty simple – the entire application is completed online, and you can receive preliminary rate in as little as 5 minutes.

    1. Fill out a short application with basic information about your loan, education, and employment. Once you authorize a soft credit pull and assuming you have provided enough information, we will provide you with preliminary rates, which are conditional upon further underwriting review and authorize a hard credit pull.
    2. Upload your supporting documents to Laurel Road’s secure dashboard and authorize a hard credit pull to complete your online application. Once we have received your application, we will underwrite your loan and provide you with your final rates and loan terms if approved.
    3. Select your loan type and term, and e-sign all necessary disclosures and your promissory note in the Laurel Road dashboard.

    Laurel Road will pay off your student loans to your current lenders and provide you with instructions to set up the servicing of your new loan. Your first payment to Laurel Road will be due one month from your disbursement date.

  • STUDENT LOAN

    Why should I refinance my student loan?

    Refinancing student loans may add up to significant savings. For example, if you refinance multiple loans into one loan with a lower rate, and keep the loan term the same, you will accrue less interest over the life of the loan, saving you money on a monthly basis and over the course of the loan.

  • STUDENT LOAN

    Who is eligible to refinance their student loan with Laurel Road?

    U.S. citizens or permanent residents with a valid I-551 form (“permanent green card”) are eligible to refinance student debts with Laurel Road.

    Laurel Road refinances student loans for working professionals with four-year undergraduate and/or graduate degrees from Title IV accredited institutions, as well as for professionals who have an associate degree* in designated professions. Graduate students and undergraduates can refinance student loans as early as their final semester of school, so long as they have a signed contract or letter of employment. We also refinance student loans for parents who took out debt to finance their child’s education. We also refinance student loans for parents who took out debt to finance their child’s education. To be eligible for the Parent Student Loan Refinancing Program, the child must have attended a Title IV School but does not need to have graduated. Loan eligibility depends on lending criteria, such as your credit profile, monthly income, and monthly debt payments.

    *Additional eligibility requirements for Associate degree applicants:

    The applicant must either be currently enrolled and in the final term of the associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive the associate degree OR have graduated from a school that is Title IV eligible with an associate degree in the following eligible programs. The graduate must be employed, for a minimum of 12 months, in the same field of study of the associate degree earned:

    • Cardiovascular Technologist (CVT)
    • Dental Hygiene
    • Diagnostic Medical Sonography
    • EMT/Paramedics
    • Nuclear Technician
    • Nursing
    • Occupational Therapy Assistant
    • Pharmacy Technician
    • Physical Therapy Assistant
    • Radiation Therapy
    • Radiologic/MRI Technologist
    • Respiratory Therapy
    • Surgical Technologist
  • STUDENT LOAN

    Does Laurel Road refinance student loans for medical or dental residents?

    Yes, Laurel Road refinances student debt for doctors (MD or DO) and dentists (DDS or DMD) while they are in residency and before they begin practicing as attending physicians. Residents can defer making full payments on their loan up to 6 months after their residency and fellowships. Total loan term including residency, fellowship and grace period must not exceed 20 years. The deferment period for residency, fellowship, and grace period must be approved and disclosed at the time of application – you will not be able to extend the term of the loan after it is disbursed. If fellowship is determined after your loan is closed, you may be able to refinance with Laurel Road to take advantage of reduced payments during fellowship.

  • STUDENT LOAN

    Does Laurel Road refinance/consolidate both federal and private student loans?

    Yes, Laurel Road refinances/consolidates both federal and private student loans, even if you have already refinanced/consolidated your student loans with another lender.

Disclaimers

    All credit products are subject to credit approval.

  1. A 0.25% interest rate discount is offered on new student loan refinance applications from an alumni/ae or their family members of a school whose alumni association participates in the Meyer & Associates Alumni Benefit Program. The discount is applied to your monthly payment and will be reflected in your billing statement. The discount will end if the Meyer & Associates notifies Laurel Road that the borrower is no longer a in good standing. This offer cannot be combined with other member or employee discounts. Laurel Road is not affiliated with any school.

  2. Checking your rate with Laurel Road only requires a soft credit pull, which will not affect your credit score. To proceed with an application, a hard credit pull will be required, which may affect your credit score.

  3. After loan disbursement, if a borrower documents a qualifying economic hardship, we may agree in our discretion to allow for forbearance of payments for one or more 3-month time periods (however, a minimum of twelve (12) months are required between any two forbearance periods). Borrowers with a loan term of at least ten (10) years are eligible for up to twelve (12) months of forbearance over the life of the loan; borrowers with a loan term less than ten (10) years are eligible for one (1) month for every year of the loan term (e.g., if a borrower’s loan term is five (5) years they are eligible for up to five (5) months of forbearance over the life of the loan). Borrowers seeking an economic hardship forbearance due to unemployment must have made twelve (12) consecutive monthly payments prior to a forbearance request to be eligible. For any other forbearance due to economic hardship, borrowers must have made nine (9) consecutive monthly payments prior to a forbearance request to be eligible. All requests for forbearance are subject to review, including the review of acceptable documentation (including updating documentation) of the nature and expected duration of the borrower's economic hardship. During any period of forbearance, interest will continue to accrue. Unless otherwise noted, at the end of the forbearance period, any unpaid accrued interest will be capitalized and be added to the remaining principal amount of the loan.

  4. AutoPay/EFT Discount: if the borrower chooses to make monthly payments automatically by electronic fund transfer (EFT) from a bank account, the interest rate will decrease by 0.25% and will increase back if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the borrower’s bank account. The AutoPay/EFT Discount will not reduce the monthly payment; instead, the discount is applied to the principal to help pay the loan down faster.

Estimated Payment Examples

Fixed Rate Loans
Term Interest Rate APR No. of Payments Monthly Payment Total Payments
5 Year
7 Year
10 Year
15 Year
20 Year

 

Variable Rate Loans
Term Interest Rate APR No. of Payments Monthly Payment Total Payments
5 Year
7 Year
10 Year
15 Year
20 Year

Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount or the 0.25% Meyer & Associates Alumni interest rate discount.

Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.

Interest Rate: A simple annual rate that is applied to an unpaid balance.

Variable Rates: The current index for variable rate loans is derived from the 30-day Average Secured Overnight Financing Rate (“SOFR”) and changes in the SOFR index may cause your monthly payment to increase. Borrowers who take out a term of 5, 7, or 10 years will have a maximum interest rate of 9%, those who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%. There is no limit on the amount your interest rate can increase at one time. The Index is currently published by the Federal Reserve Bank of New York (“New York Fed”). If the Index is no longer available, it will be replaced by a replacement Index according to the terms of the promissory note.

KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
This information is current as of March 30, 2021. Information and rates are subject to change without notice.

Terms and Conditions

STUDENT LOAN REFINANCING – TERMS AND CONDITIONS

ELIGIBILITY & ELIGIBLE LOANS

Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between “Resident Since” date and “Card Expires” date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).

Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.

Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.

For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.

LOAN AMOUNT

For bachelor’s degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing.

For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.

FEE INFORMATION

There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.