IMPORTANT NOTICE REGARDING FEDERALLY OWNED STUDENT LOANS. PLEASE READ BEFORE YOU PROCEED
The federal government, as part of its response to COVID-19, has announced a temporary interest waiver for all federally owned student loans, including new originations. There are also bills pending in Congress that, if passed, may provide further temporary relief for borrowers with federally owned loans.
IF YOU REFINANCE YOUR FEDERALLY OWNED LOANS WITH A PRIVATE REFINANCE PRODUCT OR TAKE OUT A BRAZOS PARENT LOAN, YOU WILL NOT BE ABLE TO TAKE ADVANTAGE OF ANY OF THE TEMPORARY RELIEF PROGRAMS AVAILABLE FOR FEDERALL OWNED LOANS. You may wish to contact your current student loan servicer(s) to obtain information about the temporary programs that may be available to you so that you can make an informed decision based upon your current financial situation before you proceed.
Currently published rates are subject to change.