2024 Student Loan Interest Rates Refinance. If you took out a student loan when interest rates were high, you may be able to refinance with a lower interest rate. We scored 11 lenders that make the most loans by volume across 18 data points in the categories of interest rates, fees, loan terms, hardship options, application process and eligibility.
Student loan refinance rates start at 5.24% fixed apr or 5.55% variable apr, with autopay, with terms ranging from five to 20 years. Student loan refinancing is one way borrowers can save money on interest, lower their monthly payments, extend their loanโs repayment period, or possibly even all.
