Student Loan Refinancing
You could save on your student loans by refinancing with AOAExcel ® ’s endorsed business partner, Laurel Road.
If it is time to refinance your student loans, talk to the team at Laurel Road. Refinancing might help you consolidate your loans into one, manageable amount with one, potentially lower interest rate. AOA members also receive a 0.25% rate discount*, and there's a quick and easy online application you can fill out to get the process started.
Keeping up with student loan news these days can be overwhelming. Join AOAExcel and Laurel Road for a webinar focused on answering your student loan questions. Have your questions answered LIVE or submit them ahead of time after registering.
Mid-Year Financial Check-In: Navigating Your Student Loans Amid Interest Rate Uncertainty
A Webinar for AOA Members
Tuesday, May 11 – 8pm ET / 5PM PT
Topics covered include:
- How can AOA members navigate the recent federal updates and current interest rates?
- What are student loan basics (types, terms, interest rates)?
- What should AOA members look for when choosing a refinancing lender?
- Is student loan refinancing all-or-nothing?
- What are Public Service Loan Forgiveness and Income-driven Repayment options?
- How can AOA members qualify for a 0.25% interest rate discount?1
PLUS, Attendees will automatically be entered to win a $25 Amazon Gift Card & AOAExcel Nike Dri Fit® Zip Up!
Refinance your student loans in 3 easy steps
Laurel Road specializes in helping doctors of optometry refinance optometry school loans when the time is right. There is no cost to apply and the application process is easy and entirely online. You could discover your rate options online in less than 5 minutes.
Step 1: Check Rate Options
Fill out a short online application. Once you authorize a soft credit pull and assuming you have provided enough information, Laurel Road will provide you with preliminary rates, which are conditional upon further underwriting review and authorize a hard credit pull.
Step 2: Upload documents
Upload the following supporting documents to Laurel Road’s secure dashboard and authorize a hard credit pull to complete your online application. Once Laurel Road has received your application, they will underwrite your loan and provide you with your final rates and loan terms if approved.
Step 3: Choose Loan
Select your loan type and term, and e-sign all necessary disclosures and your promissory note in the Laurel Road dashboard.
Laurel Road will pay off your student loans to your current lenders and provide you with instructions to set up the servicing of your new loan. You'll have the option to set up automatic payments to receive an additional 0.25% rate discount.**
*The 0.25% American Optometric Association (AOA) member interest rate discount is offered for student loan applications from active AOA members. The rate discount will end if AOA notifies Laurel Road that borrower is no longer in good standing. The AOA member interest rate discount cannot be combined with other offers, except any discount for making automatic payments.
**AutoPay/EFT Discount: if the borrower chooses to make monthly payments automatically by electronic fund transfer (EFT) 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 by EFT from the borrower’s bank account. The 0.25% AutoPay/EFT Discount will not reduce the monthly payment;instead, the discount is applied to the principal to help pay the loan down faster.
Young doctors: Find your career fit.
Even as doctors of optometry receive the much-needed funds, the AOA remains committed to advocating for optometry’s inclusion in federal crisis measures. Reminder: the deadline to apply for relief has been extended to May 31.
Given the doors that were once closed and are now open to women and people of color in society, it might be expected that the faces of optometry would reflect the changing demographics of the nation. And with the nation’s reckoning over social injustice in 2020 stirring anew concerns over diversity and inclusiveness, the profession is asking whether optometry reflects the nation’s changing demographics—and why should that matter?
The global e-commerce retailer again came to the AOA’s attention over posts from contact lens sellers that didn’t appear to meet FCLCA patient protection provisions requiring valid prescriptions.