SoFi and Edmit Partner to Help Next Generation of College Students Get Their Money Right
The days of poring over a dense Barron’s catalog of colleges and universities to find the right school are gone. Today, we announced a new partnership with Edmit , the company that helps families make smarter financial decisions about college, to set up college-bound students and their families with the tools and resources needed to help simplify the college selection and financial aid process.
SoFi members will now have complimentary access to Edmit Plus, which considers a student’s academic merits and family finances to provide data-driven recommendations on college affordability. Edmit Plus includes personalized scholarship and merit estimates, industry-leading tools for college financial planning, and salary estimates based on profile and major.
With this partnership, we want to help students get a head start on college financial aid planning and understand early on the significance of taking out a responsible amount of debt for college.
Nowadays, students have many resources when it comes to choosing a college, but the process can be overwhelming and stressful with so many factors to weigh. We are committed to helping our members make informed decisions on where to attend college and ways to finance the journey.
So how does it work? Once logged in to your SoFi account, members can click the Edmit member benefit card at the top of the page and get redirected to Edmit’s website where you can sign up for complimentary access to Edmit Plus. For more information, visit www.sofi.com/edmit.
Lastly, if you find you need help paying for school, our no-fee private student loans come with low rates and a simple process, so paying for school is stress-free.
Edmit receives compensation from SoFi on a per-funded loan basis. SoFi does not guarantee the accuracy of information provided by Edmit, its affiliates or subsidiaries. Enrollment in Offer available to SoFi members only. Edmit does not guarantee eligibility for a SoFi loan product. Terms and conditions apply, and are subject to change.
External Websites: The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
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SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student Loans are not a substitute for federal loans, grants, and work-study programs. You should exhaust all your federal student aid options before you consider any private loans, including ours. Read our FAQs. SoFi Private Student Loans are subject to program terms and restrictions, and applicants must meet SoFi’s eligibility and underwriting requirements. See SoFi.com/eligibility for more information. To view payment examples, click here. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change.
Please borrow responsibly. SoFi private student loans require things like credit qualification and agreement, completion of a loan application, verification of application information, the student’s enrollment at a SoFi-participating school, and if applicable, a co-signer and self-certification form. In addition, borrowers must meet SoFi’s eligibility and underwriting requirements. See SoFi.com for more information. This information is current as of 4/11/2019 and is subject to change.
SoFi loans are originated by SoFi Lending Corp (dba SoFi), a lender licensed by the Department of Financial Protection and Innovation under the California Financing Law, license # 6054612; NMLS # 1121636 (www.nmlsconsumeraccess.org ). For additional product-specific legal and licensing information, see SoFi.com/legal.