Student Loan Refinance



Bridgewater Credit Union, A Division of Merrimack Valley Credit Union is now accepting Student Choice loan applications in the name of Merrimack Valley Credit Union.

On February 1, 2019, Bridgewater Credit Union merged into Merrimack Valley Credit Union. The combined entity now operates under the names of both Merrimack Valley Credit Union and Bridgewater Credit Union, A Division of Merrimack Valley Credit Union. Both names are reflective of our single combined legal entity.

You may receive correspondence, statements or even sign legal documents in either Merrimack Valley Credit Union or Bridgewater, A Division of Merrimack Valley Credit Union's name. We want to assure you, our members, we are in fact one and the same Credit Union and the use of either name on correspondence, statements, legal documents or other communications is acceptable and appropriate.


New Borrowers

 To apply for a student loan, please visit Merrimack Valley Credit Union's website


Please contact Bridgewater Credit Union if you have any questions or need assistance.

NOTE: The CARES Act was passed in response to events related to the Coronavirus pandemic and includes broad relief measures for federal student loan borrowers. If you are considering refinancing your federal student loans, please make sure to review these measures at to understand your options.


Take control of your student loan repayment by refinancing with Bridgewater Credit Union!

Refinance and consolidate your private and federal student loans (including PLUS loans) into one manageable loan, setting up one convenient payment, and potentially lowering your rate1


Check out some of these great benefits

  • Refinancing available up to $100,000

  • Competitive interest rates

  • Potentially reduce your rate by 0.25% by enrolling in automatic electronic payments during repayment

  • Flexible repayment terms to fit your needs
    (view our rates page for more information, repayment examples, and important disclosures)

  • Borrow from a not-for-profit credit union you can trust


1. Subject to credit qualification and additional criteria, including graduating from an approved school.

IMPORTANT NOTICE: By refinancing federal student loans, you may lose certain borrower benefits from your original loans. These may include interest rate discounts, principal rebates, or some cancellation benefits that can significantly reduce the cost of repaying your loans. Please review this important disclosure for more information. 



A better deal from your local not-for-profit cooperative


More than 1,500 approved schools across the country


Answers to your most common questions


Financial resources to help you succeed in college and beyond


IMPORTANT: Loan applications for the Summer 2021 academic term AND the Fall/Spring 2021-2022 academic year are now available!