Whether you have undergraduate, graduate, Federal or private student loans, we can help you eliminate the hassle of multiple loan payments by consolidating them into a Student Loan Refinancing* solution through Novation and Student Choice. We offer fixed and variable rate options and flexible repayment terms that can work with your budget and potentially save you thousands of dollars in interest.
Important: Please remember that federal loans do offer certain benefits and protections that do no transfer to a private loan. By refinancing your federal student loans to a private loan you will lose any federal benefits that may apply to you. Please review this important disclosure for more information.
Student Success Program
Novation has the resources and products to help young adults succeed, financially. Everything you can possibly need can be accessed through eBranch (online banking) as well as our mobile banking app. You're making a smart financial choice to consolidate your student loans, another smart choice is to access your money with a Novation spending account or credit card—or both!
Rates effective February 1, 2019 and subject to change without notice.
*APR = Annual Percentage Rate. Rates listed are "as low as" and based upon credit history. Payment on a $20,000, 5 year fixed Student Loan Refinance at 3.95% APR is $367.89 per month. The Private Student Loan and Student Loan Refinance variable rate products will adjust quarterly on the first month using the Prime Rate as published in the Money section of The Wall Street Journal on the first business day of the preceding month.
* Subject to credit qualification and additional criteria, including a minimum income requirement and 2 year work history. There is no obligation to take the loan once you apply and are conditionally approved. Contact Novation for further details.