Become A Member Find a Location Appointments
Skip to main content
First Tech Routing #321180379

Refinancing
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)8.60% Student Fixed-Rate Loan example: $62,589 borrowed at 9.57% Annual Percentage Rate (APR) for 180 months = $10.48 per month per $1,000 borrowed.

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.

Check my rate Apply Now
Guy carrying a kayak on a body of water.
Guy carrying a kayak on a body of water.

Why refinance your student loans with First Tech?

  • No application fees, origination fees or prepayment penalties
  • Flexible loan terms: 5, 7, 10, or 15 yearsStudent Fixed-Rate Loan example: $62,589 borrowed at 9.57% Annual Percentage Rate (APR) for 180 months = $10.48 per month per $1,000 borrowed.
  • 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 www.studentaid.gov. 

Questions?

call center worker icon Call our Student Loan Specialists

1.888.422.5680

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

Student Loan options.The interest rate is based on credit worthiness and credit history. All loans are subject to approval according to First Tech lending policies. Credit Union membership is required and subject to approval. Rates, terms and conditions subject to change and some restrictions may apply.

Fixed-Rate Loans

As low as 8.60% Annual Percentage Rate (APR) Student Fixed-Rate Loan example: $62,589 borrowed at 9.57% Annual Percentage Rate (APR) for 180 months = $10.48 per month per $1,000 borrowed.

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.
Check my rate Learn More

Balloon Loans

As low as 11.40% Annual Percentage Rate (APR) <p>40% Balloon Student Loan example: $47,737 borrowed at 12.99% Annual Percentage Rate (APR) for 180 months = $497.59 per month with one final balloon payment of $19,095 due at the end of the loan term.</p> <p>50% Balloon Student Loan example: $47,737 borrowed at 13.13% Annual Percentage Rate (APR) for 180 months = $475.48 per month with one final balloon payment of $23,869 due at the end of the loan term.</p>

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.  
Learn More

Interest-Only Loans

As low as 11.40% Annual Percentage Rate (APR) <p>Interest Only 1 to 5 year Loan example: $71,116 borrowed with a 12.99% Annual Percentage Rate (APR) has a payment of $769.83 during the Interest Only repayment period for the first 5 years based on the outstanding principal balance. For the remaining years of the 15-year term, the payment will be $1,061.42 to include principal and interest combined.</p> <p>Interest Only 6 to 10 year Loan example: $25,000 borrowed with a 13.79% Annual Percentage Rate (APR) has a payment of $287.29 during the Interest Only repayment period for the first 10 years based on the outstanding principal balance. For the remaining years of the 15-year term, the payment will be $578.99 to include principal and interest combined.</p>

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.
Learn More

Eligibility.

  • 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. 
women doing yoga

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
Mother and daughter smiling in car

Frequently asked questions.

Great question — and chances are, yes! There are hundreds of ways to become a First Tech member. Whether you're connected through family, work, or community, we’re here to help you join a credit union that’s committed to helping you reach your dreams.

You’re eligible if:

  • A family or household member is already 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 live or work in Lane County, Oregon

 

Joining First Tech is simple — and we’re here to make it easy every step of the way.

You can become a member by:

  • Visiting a First Tech location — our team is happy to help in person
  • Calling us at 855.855.8805 — we’ll walk you through your options
  • Applying online — you can start your membership while opening a loan or account

Whether you're joining through a family connection, employer partnership, or community eligibility, we’ll help you find the best path to membership.

First Tech has over 40 branch locations across Washington, Oregon, California, and beyond — and thanks to our partnership with the CO-OP Shared Branch Network, you can access over 5,000 shared branches and 30,000+ ATMs nationwide, even if there’s no First Tech branch nearby

Plus, with our top-rated mobile banking app, you can:

  • Deposit checks
  • Pay bills
  • Transfer money
  • Send money with Zelle®
  • Manage your cards
  • View balances and transactions — anytime, anywhere

Whether you prefer in-person service or banking on the go, First Tech makes it easy to stay connected to your finances.

 

 

No worries! At First Tech, there’s no obligation to join unless you’re approved for a loan and choose to accept it.

Here’s how it works:

  • If your loan application isn’t approved, your membership won’t be activated.
  • If you’re approved but decide not to move forward, you can simply decline the offer — no strings attached.

We’re here to support your financial journey, whether you’re ready to borrow now or just exploring your options.

Refinancing your student loans can be a smart way to simplify your payments and potentially save money — especially if your financial situation or credit score has improved.

Here’s how refinancing can help:

  • One easy payment: Combine multiple loans into a single monthly payment for better budgeting.
  • Clear terms: Know exactly when your loan will be paid off and how much interest you’ll pay.
  • Lower monthly payments: Choose a longer term or better rate to reduce your monthly cost.
  • Save on interest: Qualifying for a lower rate could save you hundreds — or even thousands — over the life of your loan.

At First Tech, we offer competitive rates, flexible terms, and a member-first approach to help you take control of your student debt and move forward with confidence.

To help us process your loan application smoothly, we’ll need a few key documents that verify your financial information:

Typically required:

  • Proof of income — such as your most recent pay stub and W-2 forms from the past two years
  • Statements for current loans — to help us understand your existing obligations

Additional documents may be requested depending on your loan type and financial situation. Don’t worry — our team will guide you through every step and let you know exactly what’s needed.

At First Tech, we’re committed to making the process simple, transparent, and tailored to your goals.

Your personal loan interest rate at First Tech is based on a few key factors:

  • Your credit score
  • The loan amount
  • The loan term (length of repayment) 

You’ll see your exact rate before you accept the loan, and there’s no obligation to move forward unless it’s the right fit for you.

Want to see your personalized rate without affecting your credit score?



Top