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Student loans & refinance

When scholarships and federal aid don’t cover all your costs, we can help fill the gap. We’ve partnered with Student Choice to offer private student lending and refinancing options for undergraduate and graduate students, with competitive rates and flexible terms that work for you. Borrow what you need, when you need it – even if your college plans aren’t finalized yet.

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Features

  • Competitive fixed and variable rates
  • Flexible repayment periods and in-school deferment options
  • Potentially reduce your rate by 0.25% when you enroll in automatic payments1
  • Available for both undergraduate and graduate students
  • Refinancing options available for existing student loans
  • 24/7 call center and application support

Undergraduate student loans

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Graduate student loans

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Student loan refinancing

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FAQs

How does a Student Choice line of credit work?

A line of credit allows you to borrow only what you need, with a longer repayment period to make payments more manageable. You’re approved for multiple years, so there’s no need to reapply each year.2

Repayment periods for undergraduate and graduate lines of credit may be 10, 20, or 25 years. Repayment terms for student loan refinancing may be 5, 10, and 15 years. Available terms are shown during the application process.4

Rates are based on creditworthiness, loan amount, repayment term, and whether you have a co-signer. Rize works with Student Choice to help ensure you receive competitive options tailored to your financial situation.4

It depends on your credit history and income. A co-signer with strong credit may help you qualify for a lower rate or get approved if you’re still building credit. Many students use a parent or guardian as a co-signer.

If you’re already paying off student loans, refinancing may help you consolidate payments and adjust your repayment terms, depending on your financial situation.3

Federal student loans may qualify for benefits that private loans do not, so it’s important to review your options carefully before refinancing.4

 

Federal loans may offer lower fixed rates and more flexible repayment options, including income-driven plans and loan forgiveness programs. Private student loans, like Student Choice, help cover costs that federal aid doesn’t – but they don’t qualify for federal benefits. Maximize federal aid first before considering private options.

Rize Credit Union membership is required to apply for undergraduate and graduate lines of credit and to refinance your existing student loan(s). Federal student loans may qualify for payment and interest rate benefits that private student loans do not. Carefully consider your options before refinancing federal student loans, as they will no longer qualify for current and future federal benefits once refinanced with a private lender. For more information, visit studentaid.gov or contact your federal student loan servicer. ¹A 0.25% rate reduction may be available during full repayment by enrolling in automatic electronic payments. Terms, eligibility, and timing may vary by loan program. 2Private student loans are subject to credit approval. Rates, terms, fees, and eligibility requirements vary and are shown during the application process. All loans are subject to annual review and credit qualification. Must meet school’s Satisfactory Academic Progress (SAP) requirements. Equal opportunity lender. 3Student loan refinance is subject to credit qualification and additional criteria, including graduating from an approved school. Savings or lower interest rates are not guaranteed and depend on your individual financial profile, loan terms, and credit history. 4When refinancing federal student loans, you will lose certain borrower benefits from your original loans. These may include interest rate discount, principal rebates, or some cancellation and/or forgiveness benefits that can significantly reduce the cost of repayment. Please consider these benefits carefully when considering your options for refinancing federal student loans. 

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