A Guide to COVID-19 and Your Finances

Amid evolving news and uncertainty surrounding COVID-19, your financial needs are our priority. That’s why we’ve put together a hub dedicated to helping you navigate the ever-changing situation. We are following developments and updating regularly as well as actively answering member questions.

For questions about your SoFi account, visit our FAQ page.

Beyond the CARES Act

The CARES Act paused federal student loan payments and interest through January 31st. Here’s what you should know as we approach that deadline.

Financial Tips for Essential Workers

There are some financial resources available specifically for frontline workers. Get the details on all of the options.

Government relief efforts explained

Check out the details on what the US government is doing to combat the financial impacts of COVID-19.

How the economy is responding

Markets are volatile, the Fed has slashed rates, and it’s hard to find some common household goods. See how the markets are reacting to the COVID-19 pandemic.

Understanding the terminology

As COVID-19 impacts pretty much everything about our world, many people are talking about its effect on finances and the market. Here are some refreshers on the finance terms that are entering everyday conversations around COVID-19.

Information for students and graduates

College life, from admissions to graduation, is shifting. With college campuses closed, schools are implementing new ways to help students.

Government resources

The following agencies are providing up-to-date guides to keep you informed.

How work has changed and how to adapt

COVID-19 has changed so many aspects of our daily lives—especially how we work. Here are some career tips to help you navigate this new dynamic.

Hear from financial planners and career coaches

We are helping break down the impact of COVID-19 on your finances and career.

SoFi Resources

SoFi has resources to help with specific topics during this time including those listed here.

Stay up to date

Download the SoFi app for the latest news or check out our page of frequently asked questions.

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