When it comes to refinancing your student loans, you have options. Refinancing with VSAC could help you reduce your interest rate, lower your monthly payment, or simplify repayment by combining multiple loans into one. We're not a big national lender, and we think that's a good thing. 

Why refinance with VSAC REFI? 

• Fixed interest rates 

• No origination fees 

• Cosigner and no-cosigner options depending on your creditworthiness 

• Refinance up to $250,000 (minimum $10,000) 

• A team with more than 60 years helping students and families realize their education goals 

• Repayment term options with 5, 10, 15 or 20 years and corresponding APRs are available based on creditworthiness

• 0.25% interest rate discount for auto debit³

As a nonprofit, we serve students and families—not shareholders.

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Depending on your credit and debt-to-income ratio, you might need a cosigner. And even if you don’t, adding one with strong credit can help you qualify for a better interest rate. If you do use a cosigner, know that you’re in it together—and they’ll share responsibility for the loan. You’ll also want to understand what happens if either borrower faces hardship or disability. 

Cosigner responsibilities are serious, but there are protections built in. For example, if the primary borrower becomes permanently disabled or passes away, the loan may be discharged. 

We’re happy to walk you through what these options mean for you and your cosigner.

Getting started is easy, but there are a few key documents you’ll want to have on hand. We’ll need info to verify your monthly housing costs (like rent or a mortgage), your income, and your employment status. It’s all about helping us (and you!) get a clear picture of your financial situation so we can offer the best possible terms. 

To apply, you’ll need: 

• Recent proof of income 

• Verification of employment 

• Details about your monthly housing expense (either rent or mortgage) 

You’ll also need to provide a complete breakdown of each student loan you want to refinance. That means entering loan information at the individual level—not just by lender—to ensure accuracy. Taking the time to input complete and correct information helps us offer you the most accurate loan terms and avoids delays in processing.

You can refinance a wide variety of student loans through VSAC REFI, including federal Parent PLUS Loans, private education loans from national banks, and even consolidated education loans. Just make sure to include each individual loan—not just your lender name—when you apply. That way, we can pay off your existing loans accurately and set you up with one simple monthly payment.

A note on federal loans: If you have federal loans and rely on benefits like income-driven repayment, loan forgiveness, or deferment options, refinancing into a private loan will remove those protections.

And if you currently hold loans with lower interest rates than what we can offer, refinancing could actually cost you more in the long run.

We encourage you to weigh your options and reach out to our team with questions.
 

This stuff can feel complicated. That’s why our team is ready to help. We’ll answer your questions honestly—no jargon, no pressure.

If you have questions about the loan process, your recent application, or anything related to college or career financial planning, contact VSAC.

Give us a call to speak with one of our counselors. Monday–Friday, 8:00 am–4:30 pm EST, 800-226-1029