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First Tech Routing #321180379
Student Loan Refinance

shouldn’t be tricky.

First Tech offers straightforward fixed rates and Student Loan Specialists to help you get a great deal.

As low as 8.60% Annual Percentage Rate (APR) APR = Annual Percentage Rate. Actual rate will be determined based on the applicant’s credit history, and final loan terms. All loans are subject to credit approval. Credit Union membership is required and subject to approval.

Checking your rate will not affect your credit score.Check my rate: To check the rates and terms First Tech Federal Credit Union conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit. All loan applications are subject to credit approval. Membership is required and subject to approval.

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Why refinance your student loans with First Tech?

  • No application fees, origination fees or prepayment penalties
  • Flexible loan terms: 5, 7, 10, or 15 years
  • No payments for up to 90 daysDeferring your first payment (up to 90 days from the funding date of your loan) is optional and is not a condition of your loan. Deferring your loan payment may affect your APR and the total interest you pay. All other loan terms and provisions will remain the same.
  • Many ways to join First Tech.
  • DebtSafe® Optional payment protection

NOTE: Borrowers who refinance federal student loans with a private loan could lose certain benefits or repayment options, such as income-based repayment plans or Public Service Loan Forgiveness. Federal student loans offer deferment and forbearance options that are not available if you refinance with a private loan. Please compare your current benefits with those of this program before refinancing. More information at


call center worker icon Call our Student Loan Specialists

I was amazed by how much
I actually saved.
Nick R., First Tech member

Student Loan options.

Fixed-Rate Loans

As low as 8.60% Annual Percentage Rate (APR)

Our most popular loan, Pay off your current student loan faster or consolidate multiple loans to get a great rate with one easy monthly payment.

Balloon Loans

As low as 11.40% Annual Percentage Rate (APR)

A flexible option for working professionals just starting out. Get a lower payment now and have one larger payment later when you expect to have more income.  

Interest-Only Loans

As low as 11.40% Annual Percentage Rate (APR)

Allows you to make lower, interest-only payments at first, with a repayment schedule that grows with your income. You can pay down principle at any time with no penalty.


  • You are a First Tech member or become one as part of the loan application process (There is no set-up or recurring cost to join. See the membership FAQs.)
  • You currently have private and/or federal student loans from a qualified school.
  • You are at least 18 years old.
  • You are the parent of a borrower who meets these criteria (See Parent Plus loans).
  • The debt is from a Title IV-accredited school that offers Associates, Bachelors, Masters and/or Doctorate degrees. 
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Parent Plus

Yes, we offer Parent Plus student loan refinancing, with fantastic rates. Here are a few simple tips to keep in mind:

  • Fill out the online application. The applicant information will be the parent’s information.
  • For School/Loan/Graduate information, this will be the student’s information.
  • If loans were taken out for multiple children, you will need to submit a separate application for each student beneficiary.
  • If you have any questions, call a Student Loan Specialist at 1.888.422.5680
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Frequently asked questions.

There are hundreds of ways you can be eligible to join First Tech. If you don't meet any of the criteria below - don't worry! Just give us a call at 855.855.8805 or stop by a branch and we'll help you navigate.

Eligibility includes:

  • A family member or household member is a First Tech member
  • You or a family member work for an innovative company on our partner list or for the State of Oregon
  • You work or live in Lane County, Oregon

Joining First Tech is easy.

  • Stop by a First Tech location
  • Call 855.855.8805 to learn more
  • Apply online when creating a loan application

First Tech has over 40 locations with hubs in Washington, Oregon, & California.

You can deposit or withdraw money from our network of over 30,000 CO-OP branches and ATMs.

Best of all, First Tech has one of the most advanced banking apps in the industry that allows you to deposit money, pay bills, transfer money and send money to friends.

There is no obligation to join and your membership will not be opened unless you are approved for and accept your loan.

Potential benefits of refinancing student loans include:

  • Combining multiple payments from various lenders into one payment
  • Enjoying simple, clear loan terms and knowing when your loan will be paid off
  • Possibility of lowering your monthly payment
  • Possibility of getting a lower interest rate and/or saving hundreds or even thousands of dollars of interest over the life of the loan

During the application process we’ll need proof of income, usually a W-2 form for the last two years and a current paystub will suffice. Additionally, we’ll need the most recent statements of your current loans. Other items may be required as we process your loan.

Rates are determined by your credit score, terms of the loan and the amount of the loan. The rate will be disclosed to you prior to you accepting the loan. You can get a rate estimate in minutes from our handy Student Loan Refinance calculator.