Tackle Student Loan Debt to Simplify, Save & Succeed.
New rates just dropped.
Consolidate high-interest student loans into one affordable payment with Finger Lakes Federal Credit Union’s Student Loan Refinance. Lower your rate, reduce stress, and save money - all with the personal service you expect from your local Credit Union.
Take Control of Your Student Loan Repayment
Refinancing replaces your existing student loans — federal, private, or both — with a new loan that fits your current financial goals.
Whether you want to:
- Lower your interest rate and save money over time
- Consolidate multiple loans into one easy monthly payment
- Pay off your debt faster and become student-loan-free sooner
- Free up cash flow for life’s next milestones — home, family, travel, or retirement
Finger Lakes FCU gives you the flexibility and trusted local partnership to make it happen.
Why Choose Finger Lakes FCU for Student Loan Refinancing?
As a community-based credit union, we care about more than just your rate — we care about your success beyond graduation. You’ll receive the same competitive refinance options you’d find from national lenders, backed by the personal, local service you expect from your credit union.
Program Highlights:
- Competitive Fixed & Variable Rates: Options designed to fit your goals and budget.
- One Payment, One Plan: Combine multiple loans into one easy-to-manage payment.
- Flexible Repayment Terms: Choose shorter terms to save interest or longer terms for smaller payments.
- No Origination or Prepayment Fees: Refinance freely and pay off early anytime.
- Local Support, Nationwide Impact: We’re right here in the Finger Lakes — ready to help every step of the way.
- Automatic Payment Discount: Enroll in auto-pay and reduce your rate by 0.25% APR.¹
What Makes Finger Lakes FCU Different?
We know you have choices — national lenders, online apps, and fintech platforms. It comes down to this: We are built for you. We want to serve you during your lifetime and have a large range of great services to help you succeed. We want to be a part of it and serve you well. You can expect:
- Personalized Service: Real people, not algorithms, guide you every step of the way.
- Local Decisions: We’re a credit union owned by members, not shareholders.
- Trusted Partner: Serving our community and members for decades — with transparent, responsible lending.
- Future-Focused: Whether you’re paying down debt, saving for a home, or planning for retirement, we’ll help align your refinance with your bigger financial goals.
Frequently Asked Questions
Can I refinance both federal and private loans?
Yes - you can refinance one or multiple loans, including both federal and private student loans.
Will refinancing affect my credit score?
Checking your rate typically results in a soft inquiry (no impact). Submitting a full application may result in a hard inquiry.
Do I lose federal loan benefits if I refinance?
Yes. Refinancing federal loans with a private lender means you’ll give up certain federal benefits such as income-driven repayment, forbearance, and forgiveness programs.
Can parents refinance loans they took out for their child?
Absolutely. Parent borrowers can refinance existing Parent PLUS or private student loans to simplify repayment or secure a lower rate.
Can I pay off early?
Yes - there are no prepayment penalties. Pay early and save more.
Take Control of Your Student Debt Today
Simplify, save, and take the next step in your financial journey with Finger Lakes Federal Credit Union.
Need Help from a Human Expert 24/7: Reach Out ~ we're happy to help! (844) 668-2626
¹ APR = Annual Percentage Rate. Rates, terms, and conditions subject to change without notice. Membership eligibility and credit approval required. Refinancing federal student loans may result in the loss of certain federal benefits.