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Refinance Parent Plus Loans
With Penfed

Parent Plus Student Loan Refinance

If you currently have federal or private education loans for your child’s education, you may be paying high rates that can be lowered through a Parent PLUS loan refinance with PenFed. With our industry-leading rates and flexible terms, we can create a customized solution to save you thousands in interest.

No origination fees, no prepayment penalties—just easy financial solutions from one of the most trusted and stable financial institutions in the business.

Calculate your new parent loan rate in just seconds

Find your new rate quickly and use our Parent PLUS loan consolidation calculator to compare options. PenFed has fixed and variable rates available in 5, 8, 12, and 15 year terms to borrowers with strong credit and at least $42,000 in income.

Lower your monthly cost or pay off your private or Parent PLUS loans faster—the choice is yours. Start by answering these 2 questions.

Please Select:

Refinance parent plus student loans - on your terms

Lower Rates

Fixed and variable rates ensure you’re getting the rate that works for you.

Lifetime Savings

Our savings dashboard calculates your estimated lifetime savings on your parent plus loan consolidation

Shave Years Off

Flexible loan terms are available, so you can get debt-free sooner.


Consolidate parent plus loans into one payment or transfer them to your child, seamlessly.

PenFed allowed me to knock a point off my student loan interest rate, which will
save me thousands of dollars over the life of the loan.

- Benjamin Herr

Great Company, the staff are very helpful… I am pleased with the results
and the refinancing at a much better rate.

- Siddharth Pandya

This had to be the best experience that I have ever had trying to get a loan.

- Mary Boner

Of all the companies' customer service representatives I've had communication with
I would rate you as TOPS!

- Chuck Nichols

Get Your Questions Answered

Refinancing parent loans can be overwhelming. Don't worry. We've got you covered.