The Minnesota Office of Higher Education (OHE) is offering COVID-19 payment relief options.

  • 0% interest rate
    • All SELF and SELF Refi Loans have a 0% interest rate for March 13, 2020 through September 30, 2020. No action is needed to obtain this rate.
    • New loans will have the temporary COVID -19 rate of 0% through September 30, 2020 and will return to posted rates on October 1, 2020. Disclosures will reflect the July 1, 2020 posted rates. 
  • Six-month forbearances
    • Special six-month COVID-19 forbearances are available upon request for SELF and SELF Refi Loans serviced by Firstmark Services.  Request a COVID-19 forbearance by logging into your Firstmark account at
    • COVID-19 forbearance must be requested by September 30, 2020. 
    • COVID-19 forbearances are not available for loans with first disbursement dates after June 30, 2020.

If you have a question about an application in process please contact our servicer Firstmark Services. Contact information is available in the following link: If you have a question for OHE please e-mail your question to and we will respond within 1-3 business days.

About SELF Refi

The SELF Refi is a student loan refinancing program administered by the Minnesota Office of Higher Education, a state agency. The program is available to Minnesota residents who completed a postsecondary course of study and meet the credit criteria. SELF Refi could reduce the amount of interest you pay and/or provide a more manageable monthly payment amount. This program is available for qualifying loans where the student is the borrower. Parent PLUS loans are not eligible.

Current Rates

Fixed Interest Rate

5yr / 3.80%

10yr / 4.55%

15yr / 5.30%

Variable Interest Rate*

5yr / 2.80%

10yr / 3.45%

15yr / 4.15%

*As of 7/1/2020. Subject to change quarterly.
  Refer to COVID-19 Update