Student Loan Debt Consolidation
Student Loan Debt Consolidation
Student Loan Debt Consolidation Student Loan Debt Consolidation
Student Loan Debt Consolidation Student Loan Debt Consolidation

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Can You Seek A Student Loan Refinance Multiple Times?

  

Many people are curious if they can do a student loan refinance more than once in order to lower payments or reset their deferment calendar. In the past, it was possible to consolidate student loans multiple times. However, after July 1st, 2006 there are restrictions on doing a student loan refinance more than once.

When it's possible to seek a second student loan refinance:

 
 

1. If you have multiple student loan consolidations from different lenders you can apply for a student loan refinance to wrap the multiple payments into a single loan payment.

2. If you've got one or more new student loans that were not included in your original student loan refinance, then you are entitled to a second student loan refinance. The new loan must be one of the following eligible student loans:

List of eligible student loans for student loan refinance

Stafford Loans:

- Direct Unsubsidized Stafford Loans

- Direct Subsidized Stafford Loans

- Unsubsidized and Non-subsidized Federal Stafford Loans

- Subsidized Federal Stafford Loans

PLUS Loans:

  • Direct PLUS Loans

  • Federal PLUS Loans

Consolidation Loans & Student Loan Refinance:

  • Direct Unsubsidized Consolidation Loan
  • Direct Subsidized Consolidation Loans
  • Unsubsidized Federal Consolidation Loans
  • Subsidized Federal Consolidation Loans

 

Health Care Field Loans:

  • Federal Nursing Loans
  • Health Professions Student Loans
  • Health Education Assistance Loans

Other Student Loans:

  • Federal Perkins Loans
  • Federal Supplemental Loans for Students
  • Federal Insured Student Loans

 

If you have found a lender with a better student loan refinance package, or think you might qualify for a second student loan refinance, contact ScholarPoint today to explore your refinancing options.

 

 
 

 

 

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