Refinance or Consolidate Loans

Financial Refinance or Consolidate Loans
Education Refinance Loan

Current Loan Products

Lighten your loan payment with the new Citizens Bank Education Refinance Loan®. AAA Northeast Bank has partnered with Citizens Bank to introduce you to their Education Refinance Loan that allows you to refinance or consolidate your student loans.

Customers have saved an average of $137/month or $1,644/year1.

If your old student loans are standing in the way of your dreams, the new Education Refinance Loan from Citizens Bank may be the answer. Refinancing lets you consolidate one or more private or federal student loans2 into a single low-interest rate loan3.


1 Average savings based on 42,744 actual customers who refinanced their federal and private student loans through our Education Refinance Loan between January 6, 2014 and July 31, 2016. The borrower’s savings might vary based on the interest rates, balances and remaining repayment term of the loans they are seeking to refinance. The borrower’s overall repayment amount may be higher than the loans they are refinancing even if their monthly payments are lower.

2 Some federal student loans include unique benefits that the borrower may not receive with a private student loan, some of which we do not offer with the Education Refinance Loan. Borrowers should carefully review their current benefits, especially if they work in public service, are in the military, are currently on or considering income based repayment options or are concerned about a steady source of future income and would want to lower their payments at some time in the future. When the borrower refinances, they waive any current and potential future benefits of their federal loans and replace those with the benefits of the Education Refinance Loan. For more information about federal student loan benefits and federal loan consolidation, visit. We also have several resources available to help the borrower make a decision at, including Should I Refinance My Student Loans? and our FAQs. Should I Refinance My Student Loans? includes a comparison of federal and private student loan benefits that we encourage the borrower to review.

3 Education Refinance Loan disclosure: 
Eligible applicants may not be currently enrolled, must be in repayment of their existing student loan(s) and must make the minimum number of principal and interest payments after leaving school. Primary borrowers must be a U.S. citizen, permanent resident or resident alien with a valid U.S. Social Security Number residing in the United States. Resident aliens must apply with a co-signer who is a U.S. citizen or permanent resident. The co-signer (if applicable) must be a U.S. citizen or permanent resident with a valid U.S. Social Security Number residing in the United States. For applicants who have not attained the age of majority in their state of residence, a co-signer will be required. Citizens Bank reserves the right to modify or discontinue these benefits at any time. Any changes to these benefits will not affect loans issued prior to the change date. Education Refinance Loans are subject to credit qualification, completion of a loan application/consumer credit agreement, verification of application information, certification of borrower’s student loan amount(s) and highest degree earned.

Rates and offer subject to change. All accounts, loans and services subject to individual approval. Member FDIC. © 2016 Citizens Financial Group, Inc. All rights reserved. Citizens Bank is a brand name of Citizens Bank, N.A. and Citizens Bank of Pennsylvania.

Through our association with AAA Northeast Bank, we are pleased to present access to a variety of Private Student Loans To meet your college needs. AAA Northeast Bank has established a network of participating lending institutions which offer Private loans to help fill the funding gap in the event federal loans, scholarships and grants do not cover all your education expenses.

All advertised rates are current as of the date displayed and are subject to change without notice. All loans are subject to the lender's receipt and approval of a completed loan application. The APR and loan fees applicable to your loan will depend on several factors, including the repayment option you select and your credit history. The APR and loan fees applicable to your loan will depend on (1) the credit histories of the student and, if applicable, the cosigner, (2) the repayment option and loan term selected, and (3) the requested loan amount and other information provided on the online loan application.  AAA encourages prospective borrowers to exhaust scholarships, grants, and federal student loan options before applying for a private student loan.