Looking for loans to pay for your education? Trying to decide whether or not to refinance the ones you have? If so, you’ve come to the right place.

Figuring out how to best pay for higher education given your own circumstances can seem complicated. Fortunately, the Finance Authority of Maine (FAME) has pulled together practical information and tools to help you find the right loan for you.

Looking for a
Maine Private
Student Loan?
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If you still have a gap between what you can pay and your financial aid package (including federal loan options) and can afford to borrow more, you may want to consider a private (alternative) student loan from a local Maine lender.

Private student loans are credit-based, offered through a bank, credit union or state agency. These local Maine lenders all offer private student loans with various features, terms and fees. Learn more about things to consider and steps to take before borrowing, what you should look for from a lender or each lender’s loan by clicking on the logos below.

These lenders offer variable rate loans

Maine State Credit Union

These lenders offer fixed rate loans

 
Looking to Refinance or Consolidate
Student Debt?
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Perhaps you want just one student loan or you may have private and/or federal student loans with rates and payments you would like to change. It may be worth looking to creating a payback scenario that fits your situation better. These local Maine lenders all offer the opportunity to refinance one student loan or to consolidate multiple student loans. Learn more about things to consider and steps to take before refinancing or consolidation, what you should look for from a lender or each lender’s loan by clicking on the logos below.

These lenders offer variable rate loans

Maine State Credit Union

These lenders offer fixed and variable rate loans

IMPORTANT: If you refinance or consolidate any federal education loans, you will no longer be eligible for the benefits tied to your original loans such as income-based repayment plans, forbearance and deferment options and loan forgiveness programs.