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South Carolina Student Loan Has Moved! - Our new offices are now located at 1901 Main Street, Suite 400, Columbia, SC 29201

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Refinance

We'll help you understand your options, so you can make the best decision for your future.

Refinance Your Student Loans **
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With rates as low as 3.875%*, now's a great time to refinance.

** Recently, the U.S. Department of Education (“DOE”) announced an extension of the federal student loan payment pause through June 30, 2023, along with additional information on debt cancellation for certain categories of borrowers. We encourage students to explore all the options before applying to refinance their federal student loans. Refinancing a federal student loan with a private lender means you will no longer have access to any benefits of your federal loans, including the temporary 0% interest rate, the suspension of payments effective through June 30, 2023, potential debt cancellation, or any other relief measures implemented for federal loans to address the COVID-19 crisis.

Are your rates with other lenders too high? We hear you. National lenders may charge 8-12% for educational loans. We do things differently and our refinance loan can save you thousands of dollars.

Change in income, planning for a family, or starting a business? Are you looking to lower your monthly payment, get rid of your debt faster, or consolidate multiple loans? Whatever your needs are, we know loans. We're here to help you find a refinancing plan that fits your budget.

Run the numbers with our calculator tool, learn why it makes sense to refinance, or pick up the phone and give our advisers a call at (800) 347-2752.

*APR 3.875%. Rate shown includes a .25% reduction for bank draft. Rates based on credit and terms.

Savings Calculator

Enter your outstanding federal and private education loan information below, and find out how much you'll save by refinancing with us.
Loan Information
Add Another Loan?

Your Estimated Savings*

Based on the information you entered, accrued interest will exceed your monthly payment amount. Please verify the information entered above.

Term Interest Rate Monthly Payment Total Payment Total Savings
5-Year 4.75% $22.51 $1,350.50 None
10-Year 5.5% $13.02 $1,562.78 None
15-Year 6% $10.13 $1,822.73 None
20-Year 6% $10.13 $1,822.73 None
Start Application

* Calculations for the current debt are based on the interest rate, amount, and monthly payment you entered above and assume the annual percentage rate is fixed over the life of the loan. Rates shown reflect the lowest rate possible a borrower can receive. Rates may be higher based on credit score and/or underwriter review.

Why refinance?

Not sure if you should refinance your loans? Let's discuss when, how, and why to refinance your college loans.

How Does Refinancing Work?
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Our Low Interest Loan

Check out the eligibility requirements, our application process, and your repayment options through our refinance loan for SC graduates and residents.

Get the Details
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Pay less. Simplify life.

Make a smart decision for your financial future. Get a low interest refinance loan with us.

Refinance Today
South Carolina Student Loan
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  • 1901 Main Street, Suite 400
  • Columbia, SC 29201
  • (800) 347-2752
Let's Connect
  • About
    • Leadership
    • Board of Directors
    • Smart Borrowing Initiatives
    • Mission, Vision, Purpose
  • Meet Our Advisers
  • Calendar
  • Contact Us
    • Addresses
  • Schedule an Event
Quick Info
  • Download Forms
  • Military Servicemembers
  • Credit Reporting
  • Investors
  • Careers
Legal
  • Online Accessibility
  • Website Privacy Notice
  • Site Information
  • Customer Privacy Notice
  • Terms of Use
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