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 / 6.00%

10yr / 6.50%

15yr / 7.00%

Variable Interest Rate*

5yr / 7.90%

10yr / 8.65%

15yr / 9.15%

*As of 10-01-2023. Subject to change quarterly.
View Historic Interest Rates