You can refinance one or more federal and/or private student loans, but you must meet the lender’s requirements for debt and income. Most lenders look for a credit score 650 or above with a stable source of income or offer of employment. If you can’t meet these criteria on your own, you may qualify by applying with a credit-eligible cosigner, such as a parent.
Along with your credit score and annual income, some lenders also look at your savings and your accounts. debt-to-income ratio, Finally, some lenders require proof of graduation, as they will only approve borrowers who have earned their degree. If you left school before graduation, there are relatively few student loan refinance providers that will work with you.