The short answer is, the sooner you refinance the more you could save. The longer you hold your loan at a higher rate, the more interest you are accruing, even if you are in a grace period. Not only may we be able to honor your existing grace period up to nine months, but, with no origination fee, there is no cost to refinancing with Earnest.
If you have loans accruing no interest until after graduation, then you would save money by waiting. Furthermore, if you do not yet have a job/job offer or income that supports payments for your loan, it is recommended that you do not apply yet. For more details, check out our Eligibility Guidelines.