09/17/2020

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SoFi and Prep Expert Partner to Help Students Tackle SAT® & ACT® tests



Today, we are excited to announce an exclusive partnership with Prep Expert to provide discounted SAT® and ACT® test preparation courses for the ambitious students in our members’ lives. Now, all registered SoFi members can get $400 off any Prep Expert course. The standard price for a 6-week SAT/ACT test prep course is $999, so that’s about 40% off (yes, we did that math in our heads).

We are committed to helping our members achieve financial independence to realize their ambitions, and with this partnership, we are eager to help the next generation of college students access the test prep courses they may need to improve their scores, achieve their ambitions of getting into college, and qualify for merit-based scholarships and grants.

What Is Prep Expert?


Prep Expert is an ed-tech company that specializes in online SAT and ACT test preparation and offers full-length live online courses, prerecorded video courses, private tutoring, and more. Every Prep Expert instructor has a perfect score or has scored in the top 1% on the test that they teach and the company has a point improvement guarantee based on which course the student selects.

Out of the 50+ million people who have taken the SAT, Shaan Patel, Prep Expert founder, is one of approximately 10,000 (0.02% of all high school students ) who has achieved a perfect SAT score. He started the company to help students improve their test scores and learn simple and effective strategies to ace standardized tests.

How Do I Get This New Member Benefit?


To access this new benefit, registered SoFi members can log into their SoFi account and sign up via the Prep Expert benefit under the Membership section. Those who are not yet SoFi members can create a free SoFi account in order to gain access to the benefit. From there, members are one step closer to helping their high school student prepare for college.

For many, this is a time when life goes on pause. Families are staying at home and students may find they have more time on their hands without the routine of participating in sports, clubs, and other extracurricular activities. With college entrance exams delayed as well, students can take advantage of extra study time and better prepare for these tests.

For additional information on navigating the college process and to learn more about this partnership, visit our Going To College hub on SoFi Learn. For those who are interested, SoFi will be hosting an Instagram Live conversation with Prep Expert founder, Shaan Patel, on Thursday May 14 at 10am PT/1pm ET. Tune in to SoFi’s Instagram to learn more!


Prep Expert SAT/ACT Test Prep: A covered educational institution’s name or logo on the Prep Expert’s platform is not an endorsement by such covered educational institution of SoFi’s student loan products. Student loan products offered by “SoFi” are made by SoFi Lending Corp. (CFL # 6054612, NMLS # 1121636) and not by any covered educational institution displayed on the Prep Expert’s platform.

Offer available to SoFi members only. Prep Expert receives compensation from SoFi on a per-course and per-funded loan basis. Enrollment in Prep Expert does not guarantee eligibility for a SoFi loan product.

SAT® is a trademark registered and/or owned by the College Board, which was not involved in the production of, and does not endorse, this product. ACT® is a registered trademark of ACT, Inc. which was not involved in the production of, & does not endorse, this product.

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ABOUT SoFi SoFi helps people achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing, and protecting give our more than one million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people. For more information, visit SoFi.com. Want an easy and convenient way to manage your financial life? Get the SoFi app. For iOS and Android.


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