About SELF Refi

Due to an upcoming transition to a new loan originator and servicer, the SELF Refi program will be temporarily suspended. Enhancements are planned for the program, and we anticipate SELF Refi will be available by the end of 2024. Servicing for existing loans will transition to Aspire Servicing Center in June 2024. More information will be provided to borrowers and cosigners closer to the servicing transition. 

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 / 6.00%

10yr / 6.50%

15yr / 7.00%

Variable Interest Rate*

5yr / 7.80%

10yr / 8.55%

15yr / 9.05%

*As of 04-01-2024. Subject to change quarterly.
View Historic Interest Rates