What is Student Loan Refinancing?br - Exchanging your current Student Loan with a new Student Loan having a low Education Loan interest ratebr br When should you refinance your Student Loan?br - Savings opportunitybr - Profitable only if you are paying a low interest ratebr - Calculate your savings on an Education Loan Refinancing Calculatorbr br - Persistent and stable financesbr - Steady financial situation avoids the risk of defaultbr - Basis your credit history and repayment capability, private lenders will decide whether you qualify for refinancing.