12 Remote Companies That Might Have Your Next Telework Dream Job

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Thanks to advances in technology, there’s an increasing number of remote companies with workers who telecommute from locations all across the globe. If you’re looking for opportunities with fully remote companies, you might consider one of the following:

1. 10up
2. Aha
3. Articulate
4. Buffer
5. Hotjar
6. InVision
7. Seeq
8. Toptal
9. Zapier
10. Automattic
11. GitLab
12. Clevertech

Remote companies for which to work

1. 10up

10up offers web design and development consulting services for a variety of companies. The company has served several high-profile clients, including FiveThirtyEight, AMC, Politico and Entertainment Weekly. Its benefits package features:

  • 401(k) retirement plan with company match
  • Health, dental and life insurance
  • Equipment allowance
  • Paid time off
  • Paid parental leave
  • Flexible work schedule
  • Professional development stipend
  • Onsite summits

In an interview with Remote.com, founder Jake Goldman noted that the company’s model was founded on the idea of a remote workforce. When asked about the benefits of a fully remote employee base, he said: “Bar none, a massive talent pool to explore for great culture and skill fit.”

“A big secondary benefit,” he added, “is that, with the right team, you have a grassroots marketing campaign in cities and towns all around the country and world.”

If this sounds good to you, you can explore open positions at 10Up here.

2. Aha

Product roadmap software developer Aha also has a fully remote workforce, although, every six months, they get together for an in-person company retreat. Like the other companies on this list, Aha provides a list of great benefits designed to entice you to join the team:

  • Medical, dental and vision plans
  • 401(k) plan
  • Profit sharing
  • Parental leave
  • Bereavement leave
  • Paid vacation time
  • Charitable giving opportunities
  • An educational stipend for job-related classes and programs

Employee Claire George revealed her thoughts about working for Aha on the company’s website.

“I have been challenged to produce great work, developed meaningful relationships, laughed until I have cried, and even jumped fully clothed into a pool with my co-workers,” George wrote. “I am thrilled to be here. Despite our far-flung locations, we truly all speak the same language.”

According to its website, Aha also notes that it’s a fully self-funded company that has been profitable since its start in 2013.

You can check out Aha remote job openings here.

3. Articulate

Articulate offers e-learning tools and helps its clients create courses and develop educational platforms. The company emphasizes empowerment and strives to provide employees with benefits that better their lives, including:

  • 401(k) plan with company match
  • Health insurance
  • Flexible paid time off
  • Wellness stipend
  • Supplemental insurance options
  • Help with setting up your home office

One key to Articulate’s success, as founder and CEO Adam Schwartz notes on the website, is the flexibility and autonomy that comes with working for a remote company with no physical headquarters.

“We work from home, coffee shops, cowork spaces and chaise lounges,” noted Schwartz. “We work from the back of RVs that putter from city to city. We’ve even had people work from campsites. Wherever we feel the flow, that’s where we work.”

If you think this sounds appealing, take a look at the job openings at Articulate here.

4. Buffer

Social media scheduling app Buffer has team members spread out in 15 countries across the globe. The company has worked with brands including Microsoft, Trello, Shopify, Basecamp and The Seattle Times.

Working for Buffer comes with a number of perks and benefits, including:

  • Minimum of three weeks’ vacation
  • Family leave
  • Home office setup
  • Health insurance
  • Profit sharing
  • Learning and development stipend
  • Sabbaticals
  • Free learning materials, including books and ebooks

The Buffer team also regularly holds company retreats, allowing remote workers the chance to meet and interact in person.

The culture at Buffer promotes openness, encouraging employees to share their thoughts and ideas. Founder and CEO Joel Gascoigne emphasized on the website that the benefits of having a fully remote team include freedom, super productivity, learning about the world, feeling in tune with the future and having employees in many different time zones — “I am happy to report that I am in love with the choice we made to be distributed all across the world,” he added.

At press time, there were no open positions with Buffer. However, if you are interested in joining the team, you can check this link to see when they are hiring.

5. Hotjar

Website analytics startup Hotjar is headquartered in Malta, but its team is fully remote and spread throughout Europe, Africa and the Americas. Like many other companies with distributed teams, Hotjar makes it a point to offer retreats so co-workers can interact in person.

Hotjar’s benefits include:

  • 40 days of annual leave
  • Home office budget
  • Annual personal development budget
  • Holiday budget
  • Monthly workspace allowance
  • Sixteen weeks of paid parental leave

Employee Coleen Bachi, on the company website, described some of the benefits of working entirely remotely.

“You don’t realize it until you look back, but the time you save working from home isn’t just for your own productivity,” she said. “I’ve gotten hours and hours back with my family — hours that I previously didn’t even know I was missing. On top of that, I have more time to take care of myself (walking the dog at lunch, for example) so when I do get to be with my family, I am more present.”

At press time, Hotjar had put a pause on new hiring. However, the website notes that the pause is currently considered temporary, and you can check this link to see new positions posted as soon as the company ends its pause period.

6. InVision

InVision provides a product design platform for businesses and others. It has worked with companies such as Airbnb, Shopify, Netflix and Twitter. The all-remote team enjoys benefits that include:

  • Medical insurance
  • Free gym membership
  • Options packages
  • Equipment allowances
  • Conference travel budgets
  • Diversity initiatives

“Who says you need to move to work at a great company?” the company website states. “Not us. We know there’s great talent all over the place and we are a completely distributed company.”

See if your skills might be a match by visiting InVision’s job listings page here.

7. Seeq

Focusing on data analytics for process manufacturing industries, Seeq offers a chance for you to work from home while enjoying competitive pay and benefits such as:

  • Health care, including a Flexible Spending Account and Health Savings Account programs
  • Optional life, disability and personal accident insurance
  • Assistance with home office setup
  • Stock options
  • Internet and mobile phone stipend
  • Adoption assistance program
  • Unlimited paid time off
  • Company retreats

The company is headquartered in Seattle, but their employees are spread across the country.

“We can live and work productively wherever we choose,” according to the website. “We have a daily show-and-tell session, annual all-team meetups, baby showers, online happy hours, and even our Halloween murder mystery party. We’re always innovating ways to connect informally, too, so that we can continue to evolve our culture.”

You can check here to review job openings at Seeq.

8. Toptal

Created to match freelance professionals with those who need their skills, Toptal is designed to provide access to the top 3% of freelancers in the world. The company has a core team of over 500 people (based in numerous countries across the globe) that enjoys competitive pay and benefits such as:

  • Flexible time off
  • Paid sabbatical leave after five years
  • Travel to conferences, networking opportunities

Toptal’s clients include Hewlett Packard, Airbnb, Priceline, Motorola and Shopify. The company’s culture focuses on inclusiveness and excellence.

The website makes it clear that remote work does not mean easy work: “In our experience, you will work harder than you’ve ever worked before, but if you’re motivated by impact, you will be happier at work than you’ve ever been.”

You can check out job opportunities at Toptal here. You can also apply with Toptal as a freelancer.

9. Zapier

Zapier provides automation across web apps. The perks associated with working for Zapier include:

  • Unlimited vacation
  • Health care, dental and vision coverage
  • 401(k) with company match
  • Profit-sharing plan
  • Parental leave
  • Professional development allowance
  • Computer and software setup

Zapier has a team of over 250 people living across more than 24 countries, and CEO Wade Foster touts the benefits of remote work on the company’s website, including access to a global talent pool, clear communication and strong focus among teams. The company is so passionate about the idea of working remotely that they’ve created a guide to remote work you can download here.

You can check out the job opportunities at Zapier here.

10. Automattic

Automattic is the developer behind products including WordPress, WooCommerce, CloudUp and Tumblr. The company’s culture centers on a passion for Open Source.

The benefits of working for the company include:

  • An open vacation policy
  • Home office setup and coworking allowances
  • Health, vision and dental plans
  • Retirement plans with matching contributions
  • Company-sponsored life insurance
  • Open parental leave that is fully paid if you’ve been with the company for over a year
  • A WordPress-branded laptop at your four-year anniversary
  • Paid two- to three-month sabbatical every five years
  • Covering the costs of company travel

Automattic has a workforce distributed across 75 countries and speaking over 93 languages, according to the website. It’s important to know that the company typically hires on a contract basis first, for two to six weeks, to test out the potential working relationship. If you join the company full-time, you’ll spend your first two weeks working on customer support for WordPress.com, and will spend one week in support each year, regardless of what your eventual position is.

You can find opportunities at Automattic here.

11. GitLab

GitLab produces a DevOps tool used by entities including Sony, Goldman Sachs, Nomura, Freddie Mac and NASA. The benefits of working for this remote-team company include:

  • Flexible hours
  • Medical, dental and vision benefits
  • Flexible spending accounts
  • Life insurance plans
  • 401(k) plan with match

The benefits listed above are specific to the U.S.; they will differ based on the region from which you are applying.

The company’s all-remote team works from over 65 countries. Its website offers a comprehensive Remote Playbook for download; the guide features tips for remote working and tactics for a transition to remote teams.

In an interview featured on the website, co-founder and CEO Sid Sijbrandij noted: “By nature, having no offices or headquarters makes us more inclusive, more transparent, and more efficient in everything we do. With a team spread across over 60 countries around the globe, we invite diverse perspectives, we document everything and we collaborate asynchronously.”

If you think you might fit in at GitLab, you can explore opportunities here. Instead of applying directly for a position, be sure to join GitLab’s talent community, as this is how the company is now recruiting employees.

12. Clevertech

Software design and engineering company Clevertech has been a fully remote company since the relatively long ago days of 2006. According to the website, this has given the company “ample time to fine tune our processes, tools and technology to allow mature, senior team members do remote right, natively.”

The benefits of working for Clevertech include:

  • Flexible working schedule
  • Having your work judged on results, not on the time it takes you to do it
  • One month of paid time off to recharge
  • A personal development fund of $1,200 annually
  • Career training
  • Tenure-based rewards
  • Charitable giving opportunities

As stated on the website, “We all work in different places, wear different types of clothes, but everything we do is centered around providing our clients with the best possible experience.”

If Clevertech seems like it might be the place for you, you can check out job listings here.

Plenty of opportunities to work remotely

Companies made of entirely remote teams aren’t the only places to find remote work. Plenty of companies have remote job opportunities, even if some of their staff works onsite. There are many jobs well-suited for the remote lifestyle, ranging from sales to writing to administrative work.

With so much potential to earn an income from home, there’s a good chance you can find a career path that suits you — away from the traditional office.

For more remote work options, check out our article on work-from-home opportunities. You can also go here to explore 19 work-from-home websites to find your dream job, and here to read about remote job options for college students.

Rebecca Stropoli contributed to this report

Interested in refinancing student loans?

Here are the top 9 lenders of 2021!
LenderVariable APREligible Degrees 
1.89% – 6.15%1Undergrad
& Graduate

Visit Splash

1.99% – 5.64%2Undergrad
& Graduate

Visit Earnest

2.50% – 6.85%3Undergrad
& Graduate

Visit CommonBond

1.90% – 5.25%4Undergrad
& Graduate

Visit Lendkey

2.25% – 6.64%5Undergrad
& Graduate

Visit SoFi

1.89% – 5.90%6Undergrad
& Graduate

Visit Laurel Road

2.39% – 6.01%Undergrad
& Graduate

Visit Elfi

2.15% – 4.42%7Undergrad
& Graduate

Visit PenFed

2.00% – 5.63%8Undergrad
& Graduate

Visit Nelnet Bank

Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Splash Financial.

Splash Financial Disclosures

Terms and Conditions apply. Splash reserves the right to modify or discontinue products and benefits at any time without notice. Rates and terms are also subject to change at any time without notice. Offers are subject to credit approval. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet applicable underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates are reserved for the highest qualified borrowers. If approved, your actual rate will be within a range of rates and will depend on a variety of factors, including term of loan, a responsible financial history, income and other factors. Refinancing or consolidating private and federal student loans may not be the right decision for everyone. Federal loans carry special benefits not available for loans made through Splash Financial, for example, public service loan forgiveness and economic hardship programs, fee waivers and rebates on the principal, which may not be accessible to you after you refinance. The rates displayed may include a 0.25% autopay discount

The information you provide to us is an inquiry to determine whether we or our lenders can make a loan offer that meets your needs. If we or any of our lending partners has an available loan offer for you, you will be invited to submit a loan application to the lender for its review. We do not guarantee that you will receive any loan offers or that your loan application will be approved. Offers are subject to credit approval and are available only to U.S. citizens or permanent residents who meet applicable underwriting requirements. Not all borrowers will receive the lowest rates, which are available to the most qualified borrowers. Participating lenders, rates and terms are subject to change at any time without notice.

To check the rates and terms you qualify for, Splash Financial conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, the lender will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.

Splash Financial and our lending partners reserve the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen and meet our lending partner’s underwriting requirements. Lowest rates are reserved for the highest qualified borrowers. This information is current as of May 1, 2021.

2 Important Disclosures for Earnest.

Earnest Disclosures

To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application..

Earnest fixed rate loan rates range from 2.98% APR (with Auto Pay) to 5.49% APR (with Auto Pay). Variable rate loan rates range from 1.99% APR (with Auto Pay) to 5.34% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of October 26, 2020, and are subject to change based on market conditions and borrower eligibility.

Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.

The information provided on this page is updated as of 10/26/2020. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at [email protected], or call 888-601-2801 for more information on our student loan refinance product.

© 2020 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.

3 Important Disclosures for CommonBond.

CommonBond Disclosures

Offered terms are subject to change and state law restriction. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900), NMLS Consumer Access. If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. ‍All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 0.15% effective Jan 1, 2021 and may increase after consummation.

4 Important Disclosures for LendKey.

LendKey Disclosures

Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it  endorse,  any educational institution.

Subject to floor rate and may require the automatic payments be made from a checking or savings account with the lender. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments. The lowest advertised variable APR is only available for loan terms of  5 years and is reserved for applicants with FICO scores of at least 810.

As of 04/07/2021 student loan refinancing rates range from 1.90% APR – 5.25% Variable APR with AutoPay and 2.95% APR – 7.63% Fixed APR with AutoPay.

5 Important Disclosures for SoFi.

SoFi Disclosures

  1. Student loan Refinance:1. Fixed rates from 2.99% APR to 6.64% APR (with AutoPay). Variable rates from 2.25% APR to 6.64% APR (with AutoPay). Interest rates on variable rate loans are capped at either 8.95% or 9.95% depending on term of loan. See APR examples and terms. Lowest variable rate of 2.25% APR assumes current 1 month LIBOR rate of 0.12% plus 2.38% margin minus 0.25% ACH discount. Not all borrowers receive the lowest rate. If approved for a loan, the fixed or variable interest rate offered will depend on your creditworthiness, and the term of the loan and other factors, and will be within the ranges of rates listed above. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. See eligibility details. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The discount will not reduce the monthly payment; instead, the interest savings are applied to the principal loan balance, which may help pay the loan down faster. Enrolling in autopay is not required to receive a loan from SoFi. *To check the rates and terms you qualify for, SoFi conducts a soft credit inquiry. Unlike hard credit inquiries, soft credit inquiries (or soft credit pulls) do not impact your credit score. Soft credit inquiries allow SoFi to show you what rates and terms SoFi can offer you up front. After seeing your rates, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit inquiry. Hard credit inquiries (or hard credit pulls) are required for SoFi to be able to issue you a loan. In addition to requiring your explicit permission, these credit pulls may impact your credit score. Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.

6 Important Disclosures for Laurel Road.

Laurel Road Disclosures

All credit products are subject to credit approval.

Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $4 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products and personal loans that help simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. All loans are provided by KeyBank National Association, a nationally chartered bank. Member FDIC. For more information, visit www.laurelroad.com.

As used throughout these Terms & Conditions, the term “Lender” refers to KeyBank National Association and its affiliates, agents, guaranty insurers, investors, assigns, and successors in interest.

  1. Checking your rate with Laurel Road only requires a soft credit pull, which will not affect your credit score. To proceed with an application, a hard credit pull will be required, which may affect your credit score.
  2. Savings vary based on rate and term of your existing and refinanced loan(s). Refinancing to a longer term may lower your monthly payments, but may also increase the total interest paid over the life of the loan. Refinancing to a shorter term may increase your monthly payments, but may lower the total interest paid over the life of the loan. Review your loan documentation for total cost of your refinanced loan.
  3. After loan disbursement, if a borrower documents a qualifying economic hardship, we may agree in our discretion to allow for full or partial forbearance of payments for one or more 3-month time periods (not to exceed 12 months in the aggregate during the term of your loan), provided that we receive acceptable documentation (including updating documentation) of the nature and expected duration of the borrower’s economic hardship. During any period of forbearance interest will continue to accrue. At the end of the forbearance period, any unpaid accrued interest will be capitalized and be added to the remaining principle amount of the loan.
  4. Automatic Payment (“AutoPay”) Discount: if the borrower chooses to make monthly payments automatically from a bank account, the interest rate will decrease by 0.25% and will increase back if the borrower stops making (or we stop accepting) monthly payments automatically from the borrower’s bank account. The 0.25% AutoPay discount will not reduce the monthly payment; instead, the discount is applied to the principal to help pay the loan down faster.

Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount.

Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.

Interest Rate: A simple annual rate that is applied to an unpaid balance.

Variable Rates: The current index for variable rate loans is derived from the one-month London Interbank Offered Rate (“LIBOR”) and changes in the LIBOR index may cause your monthly payment to increase. Borrowers who take out a term of 5, 7, or 10 years will have a maximum interest rate of 9%, those who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%.


This information is current as of April 29, 2021. Information and rates are subject to change without notice.

7 Important Disclosures for PenFed.

PenFed Disclosures

Annual Percentage Rate (APR) is the cost of credit calculating the interest rate, loan amount, repayment term and the timing of payments. Fixed Rates range from 2.89%-4.78% APR and Variable Rates range from 2.15%-4.42% APR. Both Fixed and Variable Rates will vary based on application terms, level of degree and presence of a co-signer. These rates are subject to additional terms and conditions and rates are subject to change at any time without notice. For Variable Rate student loans, the rate will never exceed 9.00% for 5 year and 8 year loans and 10.00% for 12 and 15 years loans (the maximum allowable for this loan). Minimum variable rate will be 2.00%. These rates are subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.

8 Important Disclosures for Nelnet.

Nelnet Disclosures

Credit Score

Checking your rate results in a soft credit pull, which will not affect your credit score. If you continue with your application, Nelnet Bank will request your permission to obtain your full credit report from one or more consumer reporting agencies. This is a hard credit pull and may affect your credit score.

Auto Debit

Interest rate reduction of .25% for automatically withdrawn payments from any designated bank account (“auto debit discount”). Auto debit discount applies when full payments (including both principal and interest) are automatically drafted from a bank account. The auto debit discount will continue to apply during periods of approved forbearance or deferment if the auto debit discount was in effect at the time of receiving the forbearance or deferment. Auto debit discount will remain on the account unless (1) the automatic deduction of payments is canceled or (2) there are three consecutive automatic deductions returned for insufficient funds at any time during the term of the loan.

Cosigner Release

Request for the cosigner to be released can be made by the borrower after 24 consecutive, on-time payments (not later than 15 days after the due date) of principal and interest have been made. Borrowers in deferment or forbearance must make 24 consecutive, on-time payments after re-entering repayment to qualify for the release. The borrower must be current on their payments at the time of the cosigner release request and show the ability to assume full responsibility of the loan(s) by meeting certain credit criteria on their own at the time of the request, including, but not limited to, being a U.S. citizen or having permanent residency in the United States, being the age of majority in their permanent state of residency, providing sufficient proof of income, and having no student loans in default.

Hardship Protection

Hardship forbearance allows you to temporarily suspend payments on your loan(s) while you are experiencing financial hardship. It is offered in increments of two or three months, with a maximum of 12 months available, in aggregate, over the life of the loan. If your loan(s) are in good standing at the time of your request, you will be eligible for forbearance in increments of two monthly payments. If, at the time of your initial request, your loan(s) are considered past-due, you will be eligible for forbearance in increments of three monthly payments. Future increments of forbearance, up to a life-time maximum of 12 months, may be requested upon the completion of making a certain number of principal and interest payments. During the two- or three-month forbearance period, you will not be required to make payments; however, any unpaid interest will continue to accrue and will be capitalized (added) onto your principal balance at the end of the forbearance period. You may continue making payments in any amount without penalty during the forbearance period. Your loan repayment term will be extended by the number of months in the forbearance period.

Loan Eligibility

Refinance Loan Eligibility: You must be a U.S. citizen or permanent resident alien with a valid U.S. Social Security number, and be the legal age to enter into binding contracts in your permanent state/territory of residency, or be at least 17 years of age and apply with a cosigner who is at least the age of majority in their state/territory. Non-residents can apply with an eligible cosigner who is a U.S. citizen or permanent resident alien with a valid U.S. Social Security number. The student loans you refinance must be in their grace or repayment period, and you can no longer be enrolled in school on a half-time or more basis. You must have at least $5,000 in student loans to refinance. You, or your eligible cosigner, must have an annual income of at least $36,000. Approval subject to credit review. Other credit criteria may apply.

Refinance Loan Limits:

  • Minimum loan amount: $5,000
  • Maximum student loan limits:
    • $125,000 for borrowers with an undergraduate degree.
    • $175,000 for borrowers with a graduate or doctorate degree.
    • $175,000 for borrowers with an MBA or graduate law degree.
    • $500,000 for borrowers with a graduate health professions degree.

Loan Refinancing Risks: Federal student loans include benefits that may not be offered with private student loans. Carefully review any potential benefits that may be lost by refinancing federal and private education loans, such as the loss of any remaining grace periods. To learn more about what to take into consideration when refinancing federal student loans with private education loans, click here

Interest Rates

Selecting ‘Get Started’ results in a soft credit pull, which will not affect your credit score. If you continue with your application, Nelnet Bank will request your permission to obtain your full credit report from one or more consumer reporting agencies. This is a hard credit pull and may affect your credit score.

Refinance Loan

Fixed interest rates range from 2.99% APR (with auto debit discount) to 6.25% APR (without auto debit discount). Your interest rate will depend on your (and if applicable, your cosigner’s) credit qualifications. The fixed interest rate will remain the same for the life of the loan.

Variable interest rates range from 2.00% APR (with auto debit discount) to 5.63% APR (without auto debit discount). Your interest rate will depend on your (and if applicable, your cosigner’s) credit qualifications. Variable rates may increase after consummation. The variable interest rate is equal to the One-Month London Interbank Offered Rate (“One-Month LIBOR”) plus a margin. The One-Month LIBOR in effect for each monthly period (from the first day of the month through and including the last day of the same month) will be the highest One-Month LIBOR published in The Wall Street Journal “Money Rates” table on the twenty-fifth (25th) day (or if such day is not a business day, the next business day thereafter) of the month immediately preceding such calendar month. The Annual Percentage Rate (APR) for a variable interest rate loan will change monthly on the first day of each month if the One-Month LIBOR index changes. This may result in higher monthly payments. The current One-Month LIBOR index is 0.15% as of 5/4/2021.

The lowest interest rate for each loan type requires automatically withdrawn (“auto debit”) payments, a five-year repayment term, and the borrower making immediate principal and interest payments. Not all borrowers will receive the lowest rate. The interest rate and Annual Percentage Rate (APR) may be higher depending upon (1) the credit history of the borrower and, if applicable, the cosigner, (2) the repayment option and loan term selected, (3) the loan type selected, and (4) the highest level of education attained. If approved, applicants will be notified of the rate qualified for within the stated range.

*Checking your rate results in a soft credit pull, which will not affect your credit score. If you continue with your application, Nelnet Bank will request your permission to obtain your full credit report from one or more consumer reporting agencies. This is a hard credit pull and may affect your credit score. **Your actual savings may vary based on interest rates, outstanding balances, remaining repayment terms, and other factors.