Apply for a Refinance or Consolidation Loan

The Maine Private Education Loan Network (Network) consists of local Maine lenders you know and trust. You may be eligible to refinance or consolidate private and federal student loans with the lenders in the Network if you meet certain requirements such as:

  • You have at least $10,000 in student loans to refinance, which can include private student loans from other lenders and/or your federal student loans like Direct, PLUS, or Stafford loans.
  • You are a Maine resident, graduate of a Maine high school, or attended a Maine college or university; and
  • You meet credit criteria for loan approval.

You can select a local Maine lender from the Network by clicking the “Apply Now” link to see information about their loan offerings or to access their application. You may also use this handy tool to get a quick glance at or comparison of the lender’s loan features, terms, and fees. Unless otherwise stated, the three rates shown are the rates that are available to borrowers with credit scores that are best, better, and good, respectively.

Bangor Savings Bank

Refinance/Consolidation Student Loan

RATE TYPE:Fixed
RATE RANGE:7.5% – 10.0% varies based on credit score and term
GUARANTEE FEE:0%, 2% or 4%, based on credit score
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UCU

Refinance/Consolidation Student Loan

RATE TYPE:Fixed
RATE RANGE:5.00%, 6.25%, 8.25%, or 9.75% based on credit score
GUARANTEE FEE:0%
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UCU

Refinance/Consolidation Student Loan

RATE TYPE:Variable
RATE RANGE:8.50%, 10.50%, or 12.50% based on credit score
GUARANTEE FEE:0%
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Seaboard Federal Credit Union

Refinance/Consolidation Student Loan

RATE TYPE:Variable
RATE RANGE:8.25%, 9.50%, or 11.50% based on credit score
GUARANTEE FEE:0%
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Bath Savings

Refinance/Consolidation Student Loan

RATE TYPE:Fixed
RATE RANGE:6.00% – 9.75% based on credit score and terms
GUARANTEE FEE:0%, 2%, or 4%, based on credit score
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Seaboard Federal Credit Union

Refinance/Consolidation Student Loan

RATE TYPE:Fixed
RATE RANGE:5.24%, 7.49%, or 9.49% based on credit score
GUARANTEE FEE:0%
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Maine State Credit Union

Refinance/Consolidation Student Loan

RATE TYPE:Variable
RATE RANGE:8.50%, 10.65%, or 12.20% based on credit score
GUARANTEE FEE:0%, 2%, or 4%, based on credit score
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cPort Credit Union

Refinance/Consolidation Student Loan

RATE TYPE:Fixed
RATE RANGE:7.75%, 8.75%, or 10.75% based on credit score
GUARANTEE FEE:0, 2%, 4%, based on credit score
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Bangor Savings Bank

Refinance/Consolidation Student Loan

RATE TYPE:Variable
RATE RANGE:8.50%, 10.50%, or 12.50% based on credit score
GUARANTEE FEE:0%, 2% or 4%, based on credit score
Compare Now
Learn MoreApply Now

cPort Credit Union

Refinance/Consolidation Student Loan

RATE TYPE:Variable
RATE RANGE:8.50%, 9.50%, or 11.50% based on credit score
GUARANTEE FEE:0, 2%, 4%, based on credit score
Compare Now
Learn MoreApply Now

Please note: The information available through these links is provided by each individual lender, and each is responsible for the accuracy of the information. While FAME believes the information is correct, it cannot guarantee that the information is always up-to-date. You should review the rates and fees on the individual lender’s website and application to confirm current information.

IMPORTANT: When considering refinancing or consolidating student loan debt, it is important to understand that you are receiving a new loan with new terms, interest rates, and benefits. None of the features of your old loans, whether private or federal, will carry through to your new loan. Federal student loans also provide certain benefits that may be unavailable with private student loans. The Federal Direct Consolidation Loan Program (FDCLP) offered by the federal government allows borrowers to combine any of their outstanding federal student loans into a single new loan. The fixed rate is based on the weighted average interest rate of the loans being consolidated. You should compare the terms and conditions of the FDCLP to any private consolidation loan you may be considering.