PenFed Credit Union student loan review


Pentagon Federal Credit Union, or PenFed offers private student loan and student loan refinancing. Student loan refinancing loans are issued by Purefy and are funded by multiple lenders. Private student loans are funded in partnership with Sallie Mae. PenFed offers responsible student loan options for individuals hoping to manage educational funds

What you need to know:

- Student loans are available for students working towards their bachelor’s, associate’s, certificate and master’s degrees
- Parent loans are available for parents or other creditworthy individuals who want to take on someone else’s student debt
- Married couples have the option to refinance together with PenFed


  • Competitive interest rates
  • Co-signer release after 12 consecutive on-time payments
  • Parent loan options on student loans
  • No application or origination fees


  • No designated forbearance policy
  • No soft credit check option to get rate estimate
Learn more about PenFed student loans

Variable Min credit score
60-180 Months Loan Term
3.75% - 7.65% APR Range