Submit a request

Are Parent Plus loans eligible for refinancing?

Yes, we are able to refinance Parent Plus loans for the primary borrower (in this instance, the parent) once the child has received their degree. Please note, because the rate options we offer will be based on your personal educational, employment, and financial history, it is important to enter your own information in the application. You can review our student loan refinance requirements and general eligibility guidelines here.

However, please note that in November 2017 Earnest was acquired by Navient as an independent subsidiary. Navient has an agreement with Sallie Mae Bank that prohibits the refinancing of Sallie Mae loans until 12/31/18. If your loan is currently either owned or serviced by Sallie Mae, we're currently unable to refinance it.

Please note that some loans are owned by Sallie Mae but serviced by another company, such as Navient. To confirm whether or not your loans are currently owned by Sallie Mae, we recommend contacting your current servicer.

If you have loans at both Sallie Mae and another lender, the non-Sallie Mae loans may still be eligible for refinancing. If you apply and are approved, your loan offer would apply only to your non-Sallie Mae loans.

Have more questions? Submit a request