Get an overview of student loan refinancing from CommonBond, an online lender dedicated to lowering the cost of higher education. Learn more at commonbond.co/refinance-student-loan

1. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Student Loan
Refinancing 101
Presented by Dave at CommonBond

2. Get the scoop:
What is refinancing?
Who is CommonBond?
Is refinancing right for me?
What else do I need to know?

3. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
You’re not alone:
student loan debt can
feel overwhelming

4. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Over 70%1
of students have loans
that impact their life milestones
are delaying
wedding plans2
are delaying
home ownership2
are delaying
the vacation of
their dreams2
46% 69% 78%

5. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Average student debt by degree
Undergraduate Graduate JDMBA MD DDS
Sources: Debt statistics - Undergraduates: Edvisors; Graduates: U.S. News & World Report; MBAs: U.S. News & World Report;
Doctors: Association of American Medical Colleges; Dentists: American Dental Education Association; Lawyers: U.S. News & World Report
$0
$50
$100K
$150K
$200K
$250K
$35k $57k $56k $112k $176k $247k

6. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Refinancing your
student loans can
help you save

7. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
What is student loan refinancing?
Refinancing means taking out a new loan to
replace an existing loan
You can refinance federal, private, and
previously consolidated student loans
Lenders pay off your existing loans, and
create a new loan for you at a lower interest rate

8. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
What are the benefits
of student loan
refinancing?

9. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Savings
Lower interest over
the life of your loan
Ease
One lower
monthly payment
Defer payments if you go
back to school or lose your job
Relationship
Service and trust from a
lender you can grow with
Protections

10. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
CommonBond can
refinance your
loans and save you
thousands

11. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
CommonBond delivered over
$60,000,000 in savings on
student loans
2.14% APR
Our lowest interest rate
(5 year variable)
$14,581
Average member savings4
3
Number of
refinancing products
2,000+Students educated
through our social promise
70%How much lower our
interest rate is versus the
grad plus government rate5
3

12. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Why are
CommonBond's rates
lower than the
government's?

13. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
We use technology and data
to get to know you...
Free Cash Flow
Earnings Potential And many more...
Location
Education
Credit History
YOUR
RATE

14. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Lowest
CommonBond
Rate (Variable)
4.65% APR
2.14% APR
Savings = $14,5814
(Assumes loan balance of $100,000)
Savings = $25,1466
(Assumes loan balance of $100,000)
Average
CommonBond
Rate
7.21% APR 7.21% APR
Federal
Government
Grad Plus Rate5
Federal
Government
Grad Plus Rate5
so we can give you a lower rate...

15. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
...on our products
Variable rate loan:
Rate changes based on
LIBOR fluctuations7
Fixed rate loan:
Rate (and therefore payments)
remain consistent7
Hybrid rate loan:
Rates are fixed for 5 years,
then variable for 5 years7

16. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Our members
save big...

17. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Education
BA, Kalamazoo College
MSPH, Tulane University
MD, University of Michigan Medical School
Noah saved $16,000
When you graduate from medical
school, you feel like you are chained
to the giant weight of your loans. It can feel
demoralizing, but what CommonBond did is
allow my optimism to return."8

18. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
How do I know if
refinancing is right
for me?

19. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
v
Save with a lower interest rate
Consolidate into one monthly payment
Discharge your obligation in the event
of death or disability
Add a co-signer to potentially
reduce your rate
Take advantage of
income-driven repayment
Use public service loan forgiveness
Receive job search support
Refinancing
with CommonBond
Benefits
Keeping your
federal student loans
Let's compare

20. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
What else do I need
to know?

21. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Here’s what you need to refinance
with CommonBond
Good credit score
(typically 670+)
Proof of
employment
U.S. citizenship
or permanent
residency
3 documents:
Proof of residence
Proof of income
Current loan statement

22. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
CommonBond
gives you more than
just a low rate

23. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Our friendly care team is a click,
call or chat away
(800) 975-7812
CALL CHATEMAIL
care@commonbond.co

24. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Your loan funds the education
of a child in need
The What
We partner with Pencils of Promise to fund the cost of education for
children in need
This is the first 1-for-1 model in finance and education
The Why
We believe business can and should be a positive force for change
The Impact
Our loans have funded the education of 2,000+ students to date

25. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
This is our impact in action
Whenever I come to
school I learn something
new, and I love sharing new
things I have learned with my
brothers and sisters." —Patience
My dream is to become
a medical doctor…I look
at how much Pencils of Promise
is helping me and the rest of
our community with education,
and I would like to do the same
for peoples’ health.” —Frances
Without this scholarship,
I’m not sure if I would be
able to come to school now, and
I certainly would not be able to
progress to SHS (Senior High
School), so for that I am very
grateful." —Neikitua

26. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Join us for fun (and free!) events
from coast to coast
Entrepreneurship
Events
Expert PanelsCareer PanelsMember Dinners

27. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
...and more!
A quick guide to lower rates, bigger savings,
and greater financial freedom
STUDENT LOAN REFINANCING 101
Content You
Care About
Experiences and
Awards
Surprises to
Delight You

28. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
Thank you!

29. REFINANCING COMMONBOND IS IT FOR ME? WHAT ELSE?
■■ 1
Undergraduate: The Institute of College Access & Success; Graduate: The College Board.
■■ 2
CommonBond survey of 1,000 Millennials With Student Debt. February 2016.
■■ 3
Total savings calculated by multiplying average savings number ($14,581) by the total number of CommonBond
members in January 2016.
■■ 4
Savings calculation of $14,581 is based on loan amounts and terms selected by CommonBond borrowers who
refinanced their student loans between 5/15/15 and 6/30/15. Savings is calculated as the difference between
borrowers’ estimated future payments for a sample of previously held loans and their future expected payments after
refinancing with CommonBond. The calculation is a weighted average dollar savings across loan terms and assumes
no change in interest rates, on-time payments, enrollment in ACH, and no pre-payment of loans.
■■ 5
Calculation is based on the Direct Plus Rate is for Loans disbursed between July 1, 2014 and June 30, 2015 and
lowest interest rate offered by CommonBond on March 14, 2015.
■■ 6
Savings calculation of $25,146 is based on borrowers’ estimated future payments for a Direct PLUS loan at 7.21%
and their future expected payments after refinancing with CommonBond at a 10-year variable rate loan at 2.93%. The
calculation assumes no change in interest rates, on-time payments, enrollment in ACH, and no pre-payment of loans.
■■ 7
For more information, please see disclaimers page at https://commonbond.co/disclaimers. For rate information,
please see refinancing rates page at https://commonbond.co/refinance-loan-rates. Offered terms are subject to
change. Loans are made by CommonBond Lending, LLC (NMLS # 1175900).
■■ 8
Individuals portrayed as CommonBond members are actual clients and were compensated for their participation.
Appendix