How It Works
Seventy percent of college grads currently hold diplomas that came with confusing, expensive loans that will take decades to pay off. That’s why your employer has partnered with CommonBond, a leading student lender, to bring you student loan benefits.
Through refinancing, CommonBond takes costly student loans and replaces them with a smarter, single loan at a lower interest rate. This allows members to save money each month or pay off their student debt faster. Aside from great savings, CommonBond is known for its award-winning customer service and quick and easy application process.
Here’s what you get when you choose to refinance your student loans with CommonBond:
CommonBond also offers affordable student loans to pay for you or your child’s undergraduate or graduate education.
Click on SIGN UP to complete the evaluation.
Do you currently have student loans? The Evaluation Tool will provide actionable guidance based on your specific goals for managing your debt. Through a few simple questions and inputting your loan information, the tool is able to assess all options available to you based on your specific financial situation in just minutes. It will then pinpoint the option that fits you best and help you take the next steps to apply or enroll.
Need to save for future education costs? The Evaluation Tool will also educate you on how to save for the future education for yourself or a loved one. The Tool will walk you through the real cost of college, what a 529 savings plan is, how it works, and how to get started.
Want to share with a friend or family member? In the tool you have the ability to send invitations to friends and family members so that they can take advantage of it as well!
Answers about the plan, including eligibility, options, enrollment, customer service and more.
Who is the provider?
CommonBond was named a TIME 2018 Genius Company for offering smarter student loans and for their “commitment to social equality”. They were ranked #1 Most Innovative Company in Education by Fast Company for turning student debt relief into a corporate benefit.
CommonBond founders felt firsthand the personal pain of the student loan process when they were in school: high interest rate loans, poor service, and a confusing process. They founded CommonBond to change all of that—to bring to market a product and a service they wished had existed when they were in school.
How can this help me?
Who is eligible?
You, your family members and friends are eligible to apply for refinancing. In order to qualify, you need to be a U.S. citizen or permanent resident who graduated from a selection of more than 2,000 Title IV accredited universities or graduate programs.
When can I enroll?
Anytime! You can refinance whenever is convenient for you and receive the $200 cash bonus year round.
How much will this coverage cost?
If I leave my employer, will I be able to keep my coverage?
What is student loan refinancing?
What is the difference between student loan refinance vs consolidation?
How do you calculate my interest rate?
How can CommonBond offer lower rates than other loan providers? Is there a catch?
How do CommonBond loans differ from federal loans and do you offer the same protections?
1$200 to be credited to your PayPal account or check to be mailed to the postal address in your loan application within 6 weeks of loan funding. Lending decisions are not impacted in any way by participation in this offer. Offer is non-transferable. No substitutions. Limit one offer per loan.