Student Loan Refinancing

Student Loan Refinancing
Where is your low rate going to take you?

Refinance your student loans[1] to save more now or get out of debt faster with rates as low as 1.95% APR.[2]

We make student loan refinancing simple.
Our low rates and customized solutions can save you up to $32,000[3] when you refinance your student loans.
  • A single monthly payment

    Consolidate your student loans into one payment for ease and convenience.

  • Pay off early, get money back

    Earn back the interest paid on your loan (up to 2.00% of the original loan balance) when you pay in full within four years.

  • No loan fees – ever

    We’ll never charge origination, annual or prepayment fees on your loan.

  • Terms and fixed rate options

    Among the lowest fixed rates available and a variety of relationship-based pricing adjustments and terms for you.

Get started today.

  • Calculate your savings.

    Our estimator tool lets you see rates quickly and choose the term option that suits you best.

  • Connect with a banker.

    Your dedicated banker will reach out to you personally to help you through your refinancing options.

  • Complete your online application.

    Be sure to have your personal verification documents ready so you can speed through this step.

  • Start looking forward.

    If your loan is approved, you’ll meet with your dedicated banker and learn more about how we can support you.

Exceptionally low rates[4]

Effective as of 12/01/2018

Extraordinary service
Our goal is to be your bank for life. We want to be your go-to place for all your financial needs today — and help you plan for tomorrow. That’s why we aim to provide you with extraordinary service in everything we do.
  • A Personal Banker

    Your own dedicated financial professional — a real person — is only an email or phone call away, ready to help with everything from the big picture down to the smallest details. Whatever you need, we have your back.

  • No ATM access fees worldwide[5]

    With ATM Rebate Checking account there are no access fees at virtually all ATMs worldwide. Even better, any access fees charged by other banks are rebated to you.

  • “Advise, not push” culture

    Whether it’s paying off your student debt, buying your dream home, or planning for retirement, we partner with you to customize solutions that meet your financial needs. We’re here to work with you when you’re ready.

Our clients say it best.

I refinanced my student loans with First Republic and the financial impact cannot be overstated.
Yasmin Naghash
Our clients say it best.
I refinanced my student loans with First Republic and the financial impact cannot be overstated.
Yasmin Naghash


Banking products and services are offered by First Republic Bank, Member FDIC and Equal Housing Lender

1 This is not a student loan. The terms of this product may differ from terms of your current loan. For example, this product does not contain special features such as forbearance periods and income-based repayment plans available for student loans. Applicants should discuss loan terms and conditions with their banker and contact their legal and financial advisors for advice on deciding whether this is the right product for them.

Note that the Bank does not refinance existing First Republic Student Loan Refinancing loans.

Annual Percentage Rate. Rates effective as of August 1, 2018, and are subject to change.

To qualify for a 2.00% rate adjustment, borrowers must open a First Republic ATM Rebate Checking account (“Account”) with automatic loan payment and direct deposit. To qualify for an additional 0.50% rate adjustment, borrowers must deposit and maintain an amount of money equal to the greater of ten percent (10%) of the approved loan amount or $5,000 into the Account. If at any time during the life of the loan the borrower does not meet these requirements, the rate adjustments will be removed and your rate will increase by 2.00% and 0.50% respectively.  Terms and Conditions apply to the ATM Rebate Checking account. Contact a First Republic banker to learn more.

3 Assumes an original loan amount of $147,000, 10-year term, and a rate of 7.21% APR, refinanced to 3.55% APR. Total savings over the 10-year term would be $31,882. Loan amount reflects all customers who refinanced their student loans with First Republic Bank between 1/1/2015 and 9/1/2017. 7.21% was the Direct Plus Student Loan Program rate effective 7/1/2014 to 6/30/2015. Actual savings may vary based on the interest rates, balances and remaining repayment term of the loans being refinanced.

Lowest rates based on current First Republic fixed rates and competitor rates as of 12/1/2018 as listed on competitor websites. Competitor Sources: SoFi, Common Bond, Citizens Bank, Earnest.

Minimum $500 to open an ATM Rebate Checking account. A monthly fee (currently $25) will apply if a minimum monthly average balance of $3,500 is not maintained. Domestic and foreign ATM access fees are rebated at the end of the monthly cycle. Foreign currency conversion and other usage fees vary by country and network and are not included in the rebated ATM access fees.

Student Loan Refinancing is not available in all markets. For a complete list of locations, visit the Locations page.

This is not a commitment to lend or extend credit. All loans are subject to the Banks's underwriting standards. Additional information may be required for verification of documents provided. In Florida, applicant shall be responsible for any documentary tax due pursuant to state law. Applicants must meet a First Republic banker in person to complete account and loan application paperwork. This can be done at any First Republic Preferred Banking Office.

© 2018 First Republic Bank.

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