Navient rate reduction program. Term and Rate Modification Program: This combines the benefits of the Rate Reduction Program with an extended student loan repayment term. For reference Her income: 25,000 Kids: 2 Does marriage matter? She's separated but not legally Loans: 80k private, 8% interest rate, currently paying 800 Help on Navient Rate Reduction Program Ending Redditers, Have you guys experienced what happens after your rate reduction program coming to an end and what I should do. Jun 10, 2025 · The rate reduction program temporarily reduces your interest rate — and therefore your monthly payment — for increments of six months. I was told to pay $1000 down and going forward my payments would be $110 per month. Jul 20, 2021 · Not all Navient employees are aware of the program or able to enroll borrowers, but by asking to be transferred to someone with Rate Reduction Program authority, borrowers can potentially get signed up. Jul 18, 2021 · An expert's guide to getting Navient to lower the interest rate on your private student loan through the Rate Reduction program. I've been on Navient's Rate Reduction program for a few years now, which has helped me greatly. Jan 16, 2025 · Borrowers who sign up for the Rate Reduction Program can get their interest rates lowered down to 3% or lower depending on individual circumstances. We would like to show you a description here but the site won’t allow us. When I started I was told I had to reapply every year, just like IBR. 1o9uior1 nwyx m7kd vhz2 2ys el vlzslu apq l4 w4em912e