PenFed Student Loan Refinance
PenFed
4.3
5.49%–9.99% APR$7,500–$300,000Fee: NoneMin credit: 670+
APR Range
5.49%–9.99%
Loan Amount
$7,500–$300,000
Term
60–240 mo
Origination Fee
None
Our take
PenFed brings credit-union-level rates to student loan refinancing with no fees and a low rate cap.
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Full details
| Minimum loan amount | $7,500 |
| Maximum loan amount | $300,000 |
| Lowest APR | 5.49% |
| Highest APR | 9.99% |
| Shortest term | 60 months |
| Longest term | 240 months |
| Origination fee | None |
| Minimum credit score | 670+ |
| Funding speed | 3–4 weeks |
Frequently asked questions
What is the APR range for PenFed Student Loan Refinance?
PenFed Student Loan Refinance offers APR from 5.49% to 9.99%. Your actual rate depends on creditworthiness, loan amount, and term length.
How much can I borrow with PenFed Student Loan Refinance?
Loan amounts range from $7,500 to $300,000. The amount you qualify for depends on your income, credit score, and existing debt.
What credit score do I need for PenFed Student Loan Refinance?
A minimum credit score of 670 is typically required. However, meeting the minimum doesn't guarantee approval — lenders also consider income, debt-to-income ratio, and employment history.
Does PenFed Student Loan Refinance charge an origination fee?
No, PenFed Student Loan Refinance does not charge an origination fee, which means 100% of your approved loan amount is disbursed to you.
How fast can I get funded with PenFed Student Loan Refinance?
PenFed Student Loan Refinance typically funds loans within 3–4 weeks. Actual funding time may vary based on verification requirements and your bank.
Is PenFed Student Loan Refinance worth it?
PenFed brings credit-union-level rates to student loan refinancing with no fees and a low rate cap.
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Verified Apr 2026
PenFed Student Loan Refinance