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Save some serious cash with Advantage Education Loans! Student and parent Loans - Fixed rates as low as 4.01% apr* with auto pay. Refinance Loans - Fixed rates as low as 3.74% apr with auto pay.

The Advantage Refinance Loan is a great way to roll all your student loans into one convenient loan, save on interest charges and get out of debt faster.

FIXED rates as low as 3.74% APR* with auto pay.

Your FIXED interest rate is based on credit history, income, type of loans being refinanced, repayment term selected, borrower's state of residence and other factors, plus there are NO FEES! Take advantage of our auto pay service for even lower rates.

The Advantage Refinance Loan is one of the few loans in the nation that allows you to consolidate both private and federal education loans into one convenient loan.

Applying with a creditworthy cosigner may help you qualify and/or receive a lower FIXED rate.

Refinance FAQ

Benefits and Features

  • 0.25% Interest rate reduction for using our auto pay service
  • NO FEES!
  • Flexible terms of 10, 15, or 20 years
  • Cosigner Release – available after 36 months of on‐time regularly scheduled payments
  • Death and Disability Benefit –
    • If the borrower is the benefitting student and dies or becomes totally and permanently disabled, the borrower and the cosigner (if applicable) are released from the outstanding debt
    • For parent borrowers, if the benefitting student dies, the parent and cosigner (if applicable) are released from the outstanding debt
  • Minimum loan amount is $7,500
  • Minimum monthly payment is $50
  • No prepayment penalties
  • Loans funded and serviced by a trusted nonprofit agency

To qualify, the borrower must:

  • Be a U.S. citizen or non‐citizen with proof of residency card
  • Have an acceptable income and credit history or an approved cosigner

Eligible Loans

Any school-certified education loans.

Student borrowers may refinance/consolidate their education loans and any parent loans for which they are the benefitting student. Parents may refinance/consolidate their own student loans and any parent loans they have.

Or call 1–800–988–6333 to request an application.

 

* Refinance loan 3.74% APR based on a $10,000 loan with auto pay, excellent credit, 10-year repayment term.

Advantage Refinance Loans are private loans. We reserve the right to modify or discontinue loan features or benefits or to discontinue loan programs at any time without notice. Rates also vary based on credit history, income, type of loans being refinanced, repayment term selected, use of auto pay, borrower's state of residence and other factors. Advantage Refinance Loans are owned, managed and serviced by KHESLC, a state‐based non‐profit lender. We do not sell or subcontract our loans. Rates current as of 7/1/17.