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Turn your passion for playing video games into a career by attending one of the top game design colleges in the country.

Game design is an in-demand industry, with new video games for gaming systems, tablets, and phones continually being developed and released. Here, we’re exploring 20 of the best gaming development programs you might want to consider.

What to Look for in a Game Design School

If you’re looking into colleges for video game design, you’ll quickly realize that not all programs are created equally. Some schools only offer a class or two in game design, while others go deep into the field, offering internships and hands-on experiences.

If you’re interested in attending a game design school, it’s important to research schools and programs prior to making your decision. Make sure to look into the specific type of degree you want (undergraduate degree or certificate, for example), the length and commitment of the program, what current and former students have to say about the program, the helpfulness of the faculty and staff, and more.

Fortunately, we’ve done some of the work for you. Here’s a look at some of the best game design programs in the country.

Top Colleges for Game Design

There are a number of video game design colleges and programs in the U.S. Here, we’ve created a list of well-regarded programs at all different price points.

Shawnee State University

Shawnee’s Game Design School has made it on The Princeton Review’s Top Undergraduate Schools for Game Design list for 15 consecutive years, and with such low tuition, it might be a great bargain. Located in Portsmouth, OH, you can elect to study Game Programming or Game Arts.

•   1 year of tuition: In-state $10,180.38; Out-of-state $17.248.50

University of Silicon Valley

USV is available on-campus in the heart of Silicon Valley or 100% online. The university offers Bachelor of Arts degrees in both Game Design and Game Art, as well as a Bachelor of Science in Game Engineering. After graduating, students are qualified for roles including animator, modeler, game writer, computer programmer, and more.

•   1 year of tuition: $21,980 (in-person); $16,667 (online)

Arizona State University

ASU’s Bachelor of Arts in Interdisciplinary Studies offers a concentration in Computer Gaming with three tracks to choose from: Programming, Art, or Education. Located in stunning Tempe, AZ, courses in the program include Introduction to Graphics and Game Development, Fundamentals of Game Art, Game Engine Architecture, and 3D Modeling and Texturing.

•   1 year of tuition: In-state $12,975; Out-of-state $35,167

University of Utah

The Utah Division of Games, located in Salt Lake City, is a college for game designing that combines art, humanities, social science, and computational research and practice to prepare students for careers in the field. Students can choose from multiple gaming bachelor’s degrees, a master’s degree, and even a minor in gaming. The Bachelor of Science in Games includes courses like Survey of Games, Ethics in Games, and Alternative Game Development.

•   1 year of tuition: In-state $10,004; Out-of-state $31,748



💡 Quick Tip: Fund your education with a competitive-rate, no-fees-required SoFi private student loan that covers up to 100% of school-certified costs.

University of Southern California

USC’s Interactive Media & Games program offers three undergraduate options: a BFA in Themed Entertainment, a BFA in Game Development and Interaction, and a BFA in Game Art. Located in sunny Los Angeles, the program also offers four graduate degrees and nine minors.

•   1 year of tuition: $75,162

Laguna College of Art and Design

Laguna College of Art and Design Game Art program, located in Laguna Beach, CA, prepares students for employment in any studio or software environment. Students learn the fundamentals of storytelling at every phase of the creation process, how to use a workflow methodology, and how to solve problems in concept challenges.

•   1 year of tuition: $39,376

Full Sail University

Full Sail’s Interactive Technology Bachelor of Science Completion Program in Winter Park, FL, offers a Game Design concentration that includes high-level game design and production courses that prepare students to work in game studios after graduation. Recognized as a Top Game Designs Schools by The Princeton Review, the program offers multiple start dates throughout the year and has an accelerated schedule for students looking to finish early.

•   1 year of tuition: $40,300

Drexel University

Drexel University in Philadelphia offers a Bachelor of Science in Game Design & Production, and is recognized as one of the country’s top undergraduate game design programs. Students learn skills like scripting and storytelling, computer programming, computer graphics, animation, motion capture, and more.

•   1 year of tuition: $64,262

Bradley University

Bradley University in Peoria, IL, offers both a BA and a BS in Game Design. During your studies, you’ll have the opportunity to intern for a design company, participate in competitions, and show your work at an annual exhibit.

•   1 year of tuition: $43,850

Savannah College of Art and Design

SCAD’s Interactive Design and Game Development degrees offer locations in Atlanta and Savannah, GA, with the option to study abroad in Lacoste, France. Students can study at any of the three locations each semester, with the option to switch locations during their time in the program. Courses in the program include Digital Communication, Visual Culture in Context: Pre-Modern Global Perspectives, Aesthetics, and Core Principles: Game Art.

•   1 year of tuition: $42,165

Michigan State University

MSU offers a Game Design and Development Program, a Top 10 Ranked program by The Princeton Review, that was founded in 2005. Students can choose from a Bachelor of Arts in Games and Interactive Media, a Minor in Game Design and Development, or a Serious Games Graduate Certificate. All students get the opportunity to design prototypes and conduct research on the effects of gaming.

•   1 year of tuition: In-state $17,374; Out-of-state $44,758

Recommended: How to Complete the FAFSA Application

University of California – Irvine

The Bachelor of Science degree in Game Design & Interactive Media at UC Irvine includes coursework in game programming, game design and development, visual design, interactive storytelling, data science, and game studies. Students graduate the program well-prepared for a career as a designer, developer, and industry leader. Students also get access to well-respected industry mentors.

•   1 year of tuition: In-state $19,268; Out-of-state $56,870

Champlain College

Champlain’s Bachelor of Science in Game Programming provides hands-on experience, with students collaborating to create and complete game projects. Located in gorgeous Burlington, VT, Champlain was named a “Most Innovative School” by U.S. News & World Report in 2022. Upon graduation, students are well-prepared to work in gaming studios.

•   1 year of tuition: $48,800

Quinnipiac University

Level up your creativity with Quinnipiac University’s Game Design & Development Program. Ranked as one of The Princeton Review’s Top Game Design Programs, students can choose a concentration to focus on, including programming, technology, design process, art, game studies, and more. Located in Hamden, CT, the program also gives students the chance to collaborate with partners both within and outside the community.

•   1 year of tuition: $57,700

Recommended: Private vs. Public College: The Pros & Cons of Both

Rochester Institute of Technology

The Game Design, Development, and Arts program at RIT has been rated one of the best programs in this field of study by many organizations, including U.S. News & World Report. Degree options include 3D Digital Design, Film & Animation, Illustration, New Media Interactive Development, and more.

•   1 year of tuition: $61,204

💡 Quick Tip: Need a private student loan to cover your school bills? Because approval for a private student loan is based on creditworthiness, a cosigner may help a student get loan approval and a lower rate.

Worcester Polytechnic Institute

The Interactive Media and Game Development (IMGD) program at WPI dives into different aspects of gaming design, including digital painting, 3D modeling, writing for games, game audio, artificial intelligence, and virtual reality. Located in Worcester, MA, the program is recognized as one of the oldest gaming programs in the country.

•   1 year of tuition: $62,266

New York University

New York University’s BFA in Game Design has three primary areas of study: Game Studies, Game Design, and Game Development. You can also choose from one the following Production Areas: Programming, Video Design, Audio Design, and Game Business. Though tuition here is a bit higher than at some of the other schools, you can pay for it with a federal or private student loan.

•   1 year of tuition: $65,622

Carnegie Mellon

The Game Design undergraduate program at Carnegie Mellon in Pittsburgh, PA, will give you a solid foundation in game systems and mechanics design, interactive narrative and character development, visual and audio asset creation, game programming, interface design and user testing, and collaboration and the iterative design process.

•   1 year of tuition: $68,096

University of California – Santa Cruz

In USC Santa Cruz’s Bachelor of Science in Computer Science: Computer Game Design, you’ll learn about the construction and design of interactive computer games. In your final year of study, you’ll be immersed in an intensive year-long game project sequence.

•   1 year of tuition: In-state: $16,785; Out-of-state: $37,602

Recommended: Student Debt Guide

Cornell University

Cornell, another of the best game design colleges, is located in Ithaca, NY. It offers a minor in Game Design that includes classes like Intro to Computer Game Architecture, Advanced Computer Game Architecture, Analytics-Driven Game Design, Graphics and Art, the Psychology of Gaming, and Human-Computer Interaction.

•   1 year of tuition: $71,266

The Takeaway

With so many game design colleges available, it might be hard to make a decision. Factors to keep in mind include the type of program, the location, the faculty and staff, and the cost.

However, don’t let a high sticker price keep you from applying to your top choice. Many colleges offer generous financial aid packages — which may include grants, scholarships, work-study, and federal student loans — that can make your education more affordable.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

What’s the most affordable game design program?

Shawnee State University offers a nationally acclaimed game design program with low tuition. Tuition for in-state residents is $10,180 per year.

What’s the most expensive game design program?

Cornell University has one of the most expensive game design programs in the U.S. at over $71,000 per year.

How much does game design school cost?

Game design schools can range anywhere from $10,180 to more than $70,000 per year.

Photo credit: iStock/fizkes

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

SOISL-Q425-029

College study abroad programs offer students an extraordinary chance to explore a new part of the world while earning credit toward a degree. Each year, more than 300,000 American students study, engage in internships, or volunteer abroad for academic credits, according to the U.S. Department of State.

Despite the culturally rich and memorable experience this offers, the cost of studying abroad can be a barrier to many students. On average, study abroad programs cost between $15,000 and $22,000 per semester.

Read on to learn more about the costs involved in spending a semester or year abroad, how financial aid can help, plus other ways to make studying abroad more affordable.

Average Cost of Study Abroad Programs

The cost of studying abroad depends on two main factors — where you go and whether you enroll directly through your host university or use a third-party provider.

Generally, enrolling in a third-party study abroad program is more expensive. It provides you with more hand-holding and guidance in the pre-planning stages and while you’re living and studying overseas.

Average study abroad costs through a third-party provider can range anywhere from $15,000 to $22,000 per semester depending on location. These programs usually include housing and sometimes meals. Depending on the country, the cost of tuition could be significantly lower if you directly enroll in a foreign university.

If your home school has its own study abroad program, the tuition may be the same as it is stateside, though they may tack on some extra fees.

The cost of studying abroad goes beyond tuition, however. You will need to budget for other expenses like housing (if it’s not included), meals, airfare, transportation, entertainment, and books and supplies.

💡 Quick Tip: You can fund your education with a competitive-rate, no-fees-required private student loan that covers up to 100% of school-certified costs.

What the Cost to Study Abroad Covers

Here’s a breakdown of some of the key costs involved in studying abroad.

Getting There

You’ll need a round-trip plane ticket to get to and from your study abroad program, which can cost anywhere from several hundreds to thousands of dollars, depending on what part of the world you travel to. On top of your flight costs, you’ll need a passport. A new U.S. passport costs $165 and can take up to 10 weeks to process.

Many countries also require American students to get a travel visa in advance when visiting the country for studies. Costs vary widely by country. A student visa from Australia costs around $1,085, while one from South Africa runs about $36. Some countries, like Germany, don’t require U.S. visitors to get a student visa for studying abroad.

Recommended: 11 Ways to Make College More Affordable

Tuition and Living Costs

Typically, the price of a study abroad program will include tuition and fees at your host school, as well as some form of housing. If you directly enroll in a foreign university, you may need to pay tuition and housing separately. Either way, food is generally an additional expense.

Here are some examples of how much it can cost to study and live abroad:

In you go to Italy:

•   Average cost of a semester (including housing) through a third-party provider: $17,000-$21,300

•   Average cost of a semester (without housing) through direct enrollment: $1,500-$6,000

•   Average monthly cost of living (including rent): $1,200-$1,700

If you go to Costa Rica:

•   Average cost of a semester (without housing) through direct enrollment: $1,500-$3,000

•   Average cost of a semester (including housing) through a third-party provider: $8,500-$11,500

•   Average monthly cost of living (including rent): $1,100-$1,400

Recommended: How to Budget as a College Student

Local Transportation

Transportation expenses likely aren’t covered in the cost of your program. You might decide to take public transportation and purchase a metro pass, or rely on rideshare services. Either way, you’ll likely encounter some form of transportation cost while you’re abroad.

You may also want to take excursions to other cities or countries during time away. So it’s a good idea to factor in some extra funds for airfare/train tickets, food, and lodging for nearby travel. Keep in mind that financial aid won’t cover voluntary travel expenses beyond the cost of your initial round-trip flight.

Recommended: What to Do When Financial Aid Isn’t Enough

Insurance

Many U.S. universities require students studying abroad to enroll in a health insurance plan to make sure they have adequate coverage for medical issues and emergencies while overseas. At the University of Illinois, for example, students are charged $712 for student health insurance. If your current insurance offers adequate overseas coverage, however, you may be able to opt out of the school’s health insurance plan. Third-party study abroad programs may include overseas health insurance coverage in their fees.

Other Fees

Third-party programs will typically charge a study abroad application fee, which may be $95-$150. Your home school may charge you a study abroad administrative fee. At the University of Iowa, for example, it runs around $1,213 for one semester abroad (for in-state students). You can check with your school’s education abroad office to see how much you might be charged.

In addition, the study abroad program you choose may come with optional costs, like class field trips, short excursions, or cooking classes with a local chef.

How to Pay for Study Abroad

If you’re worried about the high cost of studying abroad, there is good news: Much of your existing financial aid can likely be used for study abroad costs. Here’s a look at how to find funding for study abroad.

Grants and Scholarships

To find out what financial aid you qualify for, you’ll want to fill out the Free Application for Federal Student Aid (FAFSA®). In addition to FAFSA-based scholarships and grants, there are many scholarships targeted specifically at students studying abroad, which you can uncover using a scholarship search engine. Third-party companies that facilitate study abroad programs also often have their own scholarships.

💡 Quick Tip: Even if you don’t think you qualify for financial aid, you should fill out the FAFSA form. Many schools require it for merit-based scholarships, too.

Federal Student Loans

Federal student loans (which may be subsidized or unsubsidized) can be used to pay for study abroad expenses, provided your home U.S. university participates in federal student aid programs and your study abroad program is approved by your school.

Federal study abroad loans for U.S. students can be used to pay tuition and fees, room and board, and other eligible expenses. Any leftover funds are disbursed to you, which you could use for travel to your destination country or basic living expenses. However, federal loans may not cover all the costs of studying overseas.

Private Student Loans

If you max out the amount you can borrow in federal loans, you can turn to private student loans to finance the remaining costs. Approval for private student loans typically hinges on your credit history. You may need a cosigner for approval if you haven’t established a credit history or your credit score is lower than the minimum score the lender requires.

Private student loans offer more borrowing power than you can get with the U.S. government, but don’t offer the same protections (like income-based repayment). Rates are also typically higher.

The Takeaway

Spending a summer, semester, or full year abroad can significantly enhance your college experience. But it can also substantially increase the cost, coming in at upwards of $15,000 per semester. Fortunately, there are funding options available to help students manage the cost of study abroad, including scholarships, grants, and student loans.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

What’s the cheapest country to study abroad in?

While specific costs can vary, countries like Germany, Sweden, and Iceland are often cited as more affordable options for studying abroad, especially if you plan to enroll directly in a foreign university rather than through a third-party provider. Many of these countries boast free tuition. However, factors like the local cost of living and visa requirements all play a role in determining the overall affordability.

Does FAFSA cover study abroad?

Yes. If you qualify for student aid through the Free Application for Federal Student Aid (FAFSA®), your awarded aid funds can typically be used toward study abroad costs. If you apply to an overseas school directly, however, the school must participate in federal aid programs. Also keep in mind that your FAFSA aid might not cover the entire cost of studying in another country.

Is a year too long to study abroad?

The ideal length for studying abroad varies depending on individual goals and preferences. Some students find a summer or a single semester abroad is perfect for gaining cultural immersion and academic credit. Others prefer a full academic year to more deeply integrate into the local culture and language. Consider your academic requirements, financial resources, and personal comfort level when deciding on how long to study abroad.

Photo credit: iStock/wsfurlan

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

SOISL-Q425-035

Going to college is a costly proposition. On top of tuition and fees, you’ll also need to come up with funds for food, housing, and other living expenses. It can be helpful to develop a rough estimate of what expenses you can expect in college well before you head off to campus and come with a monthly student budget.

The question is, how much money do college students spend per month?

The answer will depend on several factors, including location, extracurricular activities, whether you’re commuting or living on campus, and lifestyle preferences. According to the College Board, students can expect to spend around $3,016 a month (or $27,140 for a nine-month period) on living expenses for the 2025-26 school year.

To break that number down, let’s take a closer look at how much college students spend on food, housing, and other expenses.

Financial Considerations for College Students

The first step towards creating a college student monthly budget is to complete the Free Application for Federal Student Aid (FAFSA®). This will give you access to federal financial aid, including grants, scholarships, work-study, and federal student loans. Colleges may also use the FAFSA when allocating their own scholarships and grant awards to students.

Financial aid is intended to be used for college-related expenses, such as tuition and fees, textbooks and supplies, and room and board. However, it may not fully cover the cost of attending college. To cover any gaps in funding, you may need to tap multiple sources of money, such as savings, summer jobs, and taking out private student loans.

To help students figure out exactly how much money they’ll need for college, schools typically post the average cost of attendance on their websites. These listings will usually include the average cost of housing, food, books/supplies, transportation, and personal expenses for students attending that school.

What Do College Students Spend Money On?

Budgeting in college will look different for every student. Some college costs will get paid up front (like tuition, fees and, in some cases, room and board), while other expenses will need to be paid on a monthly or daily basis. To estimate how much spending money you’ll need, let’s take a closer look at what college students spend money on each month, and how much they typically spend in each category.

Food

Food eats up about 30% of a college student’s monthly budget, according to the College Board. To build out a college student food budget, you’ll need to consider whether you’ll be on the school’s food plan, if you’ll do some cooking, and how often you’ll likely eat out.

On average, college students spend $672 on food per month, according to the Education Data Initiative. To break that total down further, students spend, on average, $410 a month eating off-campus and about $263 a month on groceries for cooking meals at home.

College students can choose to pay for a meal plan that provides an allotted number of meals from campus dining halls or restaurants. (Freshmen are often required to purchase a meal plan). Meal plans have the benefit of being a fixed and predictable cost. The average meal plan costs $570 a month.

Housing

How much do college students spend per month on housing? Monthly housing costs will vary depending on location and whether a student lives on or off campus.

According to the College Board’s 2024 Trends in College Pricing Report, average room and board ranged from $10,390 at public two-year institutions to $15,250 at private four-year institutions for the 2024-2025 academic year. Note that room and board includes both housing and food costs, so let’s unpack the housing portion further.

The cost of living in a dorm or residence hall usually varies based on the occupancy per bedroom and number of people in a suite or apartment. You can expect to pay more for a single bedroom than a double or triple that you’ll share with other students. For example, the cost of a single occupancy room at UCLA is $16,504 for the 2025-2026 academic year; living in a double or triple cost $12,498 and $9,254, respectively.

How much students spend on off-campus housing is influenced by the cost of living by state and city, and whether they’ll live alone or with roommates. The average monthly housing rental costs in California range from $1,599 (for a studio) to $2,304 (for a three- bedroom apartment) per month, while the average cost for Pennsylvania is between $988 (for a studio) and $1,352 (for a three-bedroom apartment) per month.

Transportation

From getting to class to traveling home for holidays and breaks, students need to factor transportation costs into their monthly budget. How much should college students spend a month on transportation?

If you’ll be living on campus, you likely won’t need to spend a lot, since classes may be within walking distance and colleges typically provide some form of transit services, like shuttle buses, to connect academic buildings. Students living off campus may require a car to get to class, which can significantly add to transportation costs. Filling up at the pump alone can cost $130 to $200 a month for the average driver in the U.S.

Transportation costs will also vary by where you go to school — and how far away it is from home. At the University of North Carolina at Chapel Hill, for example, students (including those living on and off campus) spend an average of $1,050 per academic year on transportation. At the University of Texas at Austin, student transportation costs run $1,786 per academic year on average.

Recommended: The Financial Benefits of Community College

Miscellaneous

Your monthly college expenses will likely go beyond the big categories, like food, housing, and transportation. Some possible miscellaneous costs you may want to include in your college budget:

•   Entertainment (e.g, going to the movies, concert tickets)

•   Cell phone plan

•   Cable/internet

•   Prescriptions/medical expenses

•   Clothing

•   Gym membership

•   Hobbies

•   Personal grooming

•   Gifts for friends/family

•   Travel for fun (such as weekend/spring break trips with friends)

To keep your miscellaneous and personal costs from getting too high, you’ll want to keep an eye out for student discounts and take advantage of free activities offered through your college.

Is College Worth It?

There are many reasons to go to college — exploring career paths, growing your social network, having fun, and learning life skills — but the return on investment (ROI) is a key consideration when comparing schools and programs. To determine your ROI, you’ll need to look at the cost of going to college and its impact on your potential future earnings.

For the 2025-2026 academic year, the average cost of tuition and fees for a public four-year college was $11,371 as an in-state student and $25,415 for out-of-state students. Meanwhile, the average sticker price for attending a private four-year college was $44,961.

When you multiply annual college costs by four years, the final tally is no small sum. And while graduates with bachelor’s degrees typically earn more than those without, you likely won’t recoup your investment right away. So is college worth it?

According to an April 2025 analysis by the Federal Reserve Bank of New York, the ROI of a college education was 12.5% in 2024, which more than meets the definition of a sound investment. In recent years, the median college graduate earned about $80,000, compared to $47,000 for the median worker with only a high school diploma, a difference of $33,000. Over a person’s entire working life (which may be 40-plus years), that premium adds up to a benefit well in excess of the cost of college.

In short, college may well be worth it.

Pros and Cons of Going to College Online

Online college and virtual learning opportunities have become increasingly common. On a per credit basis, online college tuition isn’t always cheaper. However, a virtual college student’s monthly budget often has lower expenses for room and board than students who live on or close to campus.

Here’s a look at some potential advantages and drawbacks to going to college online.

Pros

•   Flexible schedule: Classes are often designed to accommodate students with work or family responsibilities.

•   Convenience: Students can learn from anywhere — no commuting or relocating required.

•   Lower living expenses: When attending college virtually, you can live anywhere (even at home), which can save money on housing.

Cons

•   Fewer majors available: Degree programs and majors that require hands-on learning like lab exercises are unlikely to be offered online.

•   Limited networking: Virtual students have less opportunities to engage with professors and classmates.

•   Increased screen time: A greater reliance on technology for lectures and coursework can mean a lot of time spent in front of a computer.

How Can I Increase My Chances of Getting a Job After College?

You can increase your chances of getting a great job after college by preparing for the job hunt well before graduation.

One key strategy is to complete a college internship either during the semester or over the summer. This can provide valuable work experience while allowing you to try out different careers and job sectors. Internships are typically part-time commitments during the academic year and may be full-time during summer break. Some internships are paid, while others count as college credit. Applying and interviewing for an internship is also an opportunity to hone your interview skills before entering the post-grad job market.

You can also better your chances of getting a good job after college by taking advantage of on-campus resources. College career services offices can often provide job leads, networking opportunities with alumni and employers, and assistance preparing for interviews. It’s also a good idea to ask a professor for a letter of recommendation — a common requirement for job applications — while still enrolled in school.

The Takeaway

A college student’s monthly budget will depend on multiple factors, including geographic location, whether they live on or off campus, the type of institution, and personal habits. After tuition and fees, housing and food often represent the largest budget categories for college students. Covering the cost of college often involves tapping a mix of funding sources, including scholarships, grants, savings, and loans.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

What is the 50/30/20 rule in college?

The 50/30/20 rule is a budgeting guideline that suggests allocating 50% of your income to needs (like housing and food), 30% to wants (like entertainment and dining out), and 20% to savings and debt repayment. For college students, this rule can be a helpful framework, though the percentages may need to be adjusted based on circumstances, such as whether tuition and housing are already covered by financial aid or family contributions.

Is $500 a month enough for a college student?

It depends on what costs are already covered. On average, college students spend $3,016 per month on living expenses, including housing, food, and other personal costs. If housing is already covered, $500 may be enough to cover food (off a meal plan), but you may be limited in how often you can eat out.

Is it possible to make $2,000 a month in college?

Making $2,000 a month in college is possible, but it depends on several factors like the availability of part-time jobs, internship opportunities, and the student’s course load. Many students balance their studies with part-time work or paid internships to cover expenses. The average income for a college student working part-time can vary significantly by location and the type of work.

What is a realistic grocery budget for a college student?

On average, college students spend about $263 a month on groceries for cooking meals at home. However, this can vary based on individual dietary habits, whether they have any type of meal plan, and the cost of groceries in their location.

Photo credit: iStock/martin-dm

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

SOISL-Q425-034

College credit hours are the academic units that measure your progress toward a degree. They determine your enrollment status, impact federal financial aid eligibility, and define the requirements for degrees like a bachelor’s or master’s. If you’re applying to college or you’re already enrolled, it’s important to understand how credit hours work. What follows is an essential guide to credit hours, from how they work to what they mean for your tuition bill, GPA, and graduation timeline.

What Is a Credit Hour?

A college credit hour is a unit that represents the amount of work for a course, typically based on time spent in class and doing homework. It is a key metric used to determine a student’s progress toward a degree, define full-time vs part-time status, and calculate tuition costs and financial aid eligibility.

💡 Quick Tip: Pay down your student loans faster with SoFi reward points you earn along the way.

One Credit Hour Is Equal to How Many Hours?

According to federal guidelines, one credit hour is roughly equal to one hour of classroom or direct faculty instruction and at least two hours of out-of-class student work per week. That means you can expect to spend about three hours in the classroom and roughly six hours working independently each week for the average three-credit course.

Impact of Credit Hours on Tuition and Financial Aid

The number of credits you take not only impacts your total workload but also influences the cost of your tuition. For example, full-time students (defined as taking 12 or more credit hours) typically pay a flat tuition fee per semester, whereas part-time students (taking fewer than 12 credit hours) often pay on a per-credit basis.

Credit hours also significantly impact financial aid, as your enrollment status (i.e., full-time vs part-time) determines eligibility and the amount of aid you receive. Dropping below 12 credit hours, for example, can reduce a student’s Pell Grant award amount. And students who want to take out a federal student loan need to be enrolled in college at least half-time (six credit hours or more).

How Many Hours of Study Time per Credit Hour Online?

Online college courses typically require the same amount of time as in-person classes. For each credit you take, you can expect to spend around one hour of online class time, plus at least two hours studying and doing homework. So for a three-credit online class, you’ll want to make sure you have at least nine hours per week you can devote to taking the course. That includes three hours of online instruction and six hours of independent work.

Recommended: Do College Credits Expire?

How Many Credit Hours Does a Course Have?

College courses can range between one and five credits, but are typically three or four. Most common courses, like history or literature, are three credit hours, meeting for approximately three hours per week. Language classes, which may rely on an immersion technique and therefore meet more often, can be worth four or five credits. A science lab, often taken in conjunction with a science lecture, may only meet once a week, making it worth one credit.

Credit Hour Calculator

To estimate the total amount of time you’ll spend on classes in a semester, add up the credits you’re taking, multiply that number by three hours (or more, depending on your university’s guidelines), then multiply that total by the number of weeks in a semester.

Below is an example credit hour calculator chart to determine total hours spent on one or more credits.

How Many Credit Hours Do You Need to Graduate?

The exact number of credit hours you need to graduate varies by institution, degree type, and specific program. Below are some general guidelines.

Bachelor’s Degree Credit Hours

Bachelor’s degrees are generally 120 credits minimum and take four years to complete. Schools that operate on a quarterly basis (four terms a year), usually require 180 credits to graduate.

Students enrolled in a bachelor’s program are generally required to complete core curriculum and various credit hour types: general education, major/minor, and elective credits.

General education courses are required courses for undergraduate students that provide knowledge and skills outside of their major. They often cover foundational subjects such math, literature, and sciences. However, the core curriculum might vary by major. For instance, a student majoring in marketing might take intro economics courses, whereas an architect student may take intro art history courses.

Major or minor credit hours are classes related to a student’s field of study. They are often categorized into lower- and upper-division credits. Students must typically complete lower-division courses in order to enroll in upper level courses. Internships may also be mandatory and are converted into credits (generally up to six).

Finally, bachelor’s programs require elective credits — courses unrelated to a student’s major and general requirements. Students sign up for courses out of interest or to complement their major.

Recommended: What Is the Difference Between B.A. and B.S. Degrees?

Master’s Degree Credit Hours

A master’s degree can range from 30 to 60 credits. Students typically need to complete a thesis or project at the end of the program. If you’re enrolled full-time in a 30-credit master’s program, you might only need one year to complete your degree. However, a 60-credit program typically takes two years of full-time attendance to complete.

How Do Semester Credit Hours Influence GPA?

Semester credit hours influence your grade point average (GPA) by acting as a weight; a higher number of credit hours means a course has a greater impact on your overall GPA. This is because each course’s contribution is calculated by multiplying its grade points by its credit hours.

Grade points work as follows: A = 4, B = 3, C = 2, and D = 1. The grade point is multiplied by the number of credit hours to give you your quality points. Your final GPA is the total number of quality points earned divided by the total credit hours taken.

For example, if you score an A in your three-credit chemistry class, it has more impact on your GPA than the A in your one-credit photography class. Below is an example of how grades and credit hours impact GPA.

The chart above illustrates that if you score all As in your three-credit courses, but all Bs in your one-credit courses, you still walk away with a 3.75 GPA.

By contrast, if all of your one-credit courses are As and all of your three-credit courses are Bs, you end up with a lower GPA, as illustrated in the chart below.

What Is the Cost per Credit Hour?

At public universities, the average college credit costs $406 for in-state students, or about $1,218 per three-credit class, according to the Education Data Initiative. The average private four-year university charges $1,469 per credit hour, or $4,406 per three-credit course. These averages don’t represent the full cost of attendance (COA), however, since they don’t include room and board, books, and daily living expenses.

💡 Quick Tip: Even if you don’t think you qualify for financial aid, you should fill out the FAFSA form. Many schools require it for merit-based scholarships, too.

The Takeaway

Earning a degree means accumulating a certain number of college credit hours, which represent the amount of instructional and study time required for each course. Understanding how credit hours work can help you plan your academic workload, estimate tuition costs, and track your progress toward graduation.

Whether you’re pursuing an associate, bachelor’s, or master’s degree, being aware of credit hour requirements and their impact on your academic standing and financial aid is crucial for a successful college journey.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

How many hours is one credit hour?

According to federal guidelines, one credit hour is roughly equal to one hour of classroom or direct faculty instruction and at least two hours of out-of-class student work per week. That means you can expect to spend about three hours in the classroom and roughly six hours working independently each week for the average three-credit course.

What does three credit hours mean?

Three credit hours typically mean that a course requires approximately three hours of in-class instruction or direct faculty interaction per week, along with at least six hours of out-of-class work (studying, homework, projects) each week. This is a common structure for many standard college courses.

How many credit hours do you need?

The number of credit hours you need depends on the type of degree you’re pursuing. For a bachelor’s degree, you typically need a minimum of 120 credits. Master’s degrees usually range from 30 to 60 credits.

Photo credit: iStock/asbe

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

SOISL-Q425-026

After four years of hard work in high school, the moment of truth arrives as college acceptance letters begin to roll in. If you’re lucky enough to receive multiple offers, you’ve got a big decision to make.

Most final enrollment choices must be made by May 1st, widely known as College Decision Day. This is the deadline for prospective students who apply “regular decision” to confirm their enrollment and submit a nonrefundable deposit.

Making this choice can be difficult, with a number of factors to consider. Below are seven tips to help you and your family confidently navigate the decision-making process ahead of College Decision Day.

1. Getting Organized

While the hard work of submitting college applications is done, high school seniors still have several important tasks and deadlines to manage to ensure a smooth transition to college.

Here are some deadlines to keep in mind and documents you’ll want to organize leading up to (and just after) Decision Day.

Key Deadlines (for 2026 Entry)

•   FAFSA® submission: The federal deadline to submit the Free Application for Federal Student Aid (FAFSA) for the 2026-2027 academic year is June 30, 2027. However, individual states and colleges have their own FAFSA deadlines, which are often much earlier than the federal deadline. It’s a good idea to submit the FAFSA as early as possible because many grants and scholarships are awarded on a first-come, first-served basis until the funds run out.

•   CSS Profile (if required): The deadline for submission varies by school but typically falls between January 1 and March 31 for regular decision students.

•   College Decision Day: May 1, 2026 is the typical deadline to accept an admission offer and submit a deposit for fall 2026 enrollment.

•   Housing applications: For incoming freshmen, housing applications are often due within a week after the May 1 decision deadline, or around May 8.

•   Scholarship deadlines: Deadlines for scholarship applications occur all year round, but many fall between October and March.

•   Federal aid offer appeals: If your family’s financial situation has changed since you submitted the FAFSA or if you believe your initial application did not accurately reflect your ability to pay, you can appeal your financial aid award. Deadlines vary by school but, ideally, you want to submit it shortly after receiving your aid package.

Staying organized with a calendar or a checklist will help you avoid missing any important deadlines.

Important Paperwork to Keep Track Of

Consider setting up a folder (physical or digital) for all of the following:

•   Acceptance letters for each college you’re considering

•   Financial aid award letters

•   FAFSA submission confirmation

•   CSS Profile submission confirmation (if applicable)

•   Scholarship award letters

•   Communications with admissions/financial aid offices (e.g., emails, notes from calls)

•   Enrollment deposit receipts (once you’ve chosen a school)

•   Housing application confirmations (once you’ve chosen a school)

💡 Quick Tip: Make no payments on SoFi private student loans for six months after graduation.

2. Comparing Financial Aid Offers

College can be expensive. Before you commit to a school, you’ll want to compare any financial aid offers you’ve received.

When you receive a financial aid award letter, it will outline how much aid is in grants and scholarships (which you don’t have to repay) versus federal student loans (which you do have to repay). The letter will also typically include the school’s cost of attendance. By subtracting the grant and scholarship amounts on your aid offer from the cost of attendance amount, you can come up with the school’s net cost. This is the amount you will have to pay out of your pocket using savings, earnings from work, and/or student loans.

Looking at the net costs for the colleges you are considering allows you to compare costs apples to apples and see which school best fits your budget.

3. Reserving Your Spot

Once you receive an offer letter, you can respond at any point — you don’t need to wait until College Decision Day. To secure your spot, you’ll usually need to pay an enrollment deposit.

What You Need to Know About Enrollment Deposits

•   This fee is typically nonrefundable.

•   Paying the deposit holds your spot in the incoming class.

•   Deposit amounts typically range from $100 to $1,000, depending on the school.

•   Try to avoid paying deposits to multiple schools (known as “double-depositing ”) just to buy extra time — this is generally frowned upon and can harm other students on waitlists.

4. Mulling Over the Waitlist

Being waitlisted by a college means you are not accepted or rejected, but are on a hold list for potential admission if spots open up after other accepted students decline their offers. You generally won’t hear back about a waitlist decision until after the national May 1 deadline. In some cases, students don’t find out until soon before the fall semester.

If you’re waitlisted, you typically need to accept or reject the waitlist offer. You generally only want to accept a waitlist offer if the school is truly your top choice. Otherwise, it’s a good idea to remove yourself from the list so other students can be considered.

If you accept a waitlist offer, consider how long you’re willing to wait and come up with a backup plan. That typically means putting down an enrollment deposit at another college you have been accepted to by College Decision Day. This ensures you have a place to go if you don’t get off the waitlist, even if you lose the deposit later.

5. When Decision Day Arrives

Ideally, you’ll make your final decision before May 1. Waiting until the last minute offers very little wiggle room if something goes wrong, like a technical glitch.

To accept a college admission offer, you’ll need to use the method specified by the school, which often involves logging into your student portal and paying a nonrefundable enrollment deposit.

You’re not required to formally decline a college acceptance — not accepting by May 1 is considered a rejection. However, it’s more respectful to decline. You can typically do this by logging in to the school’s online system and rejecting the admission offer. The sooner you reject an offer, the sooner the college can offer the spot to another student on the school’s acceptance waitlist.

6. If You Miss the Deadline

If you miss the May 1 deadline, you risk losing your spot because the college may fill it with someone else. You may also lose your financial aid package. However, you aren’t necessarily out of luck. Your best move is to contact the college admissions department as soon as possible. If you have a valid excuse, they may allow you to still accept their offer. Be sure to explain any emergency, problem, or other issue that kept you from submitting your decision and deposit in time.

7. Financing a College Education

Once you’ve accepted a college offer, you’ll have a clear idea of how much it will cost. As you and your family figure out how you’ll pay for college, student loans may come into play.There are two types available:

Federal Student Loans

Federal student loans are made by the U.S. government and have terms and conditions that are set by law. Federal loans can be subsidized (meaning the government pays the interest while you are in school and during certain other periods) or unsubsidized (you must pay all of the interest that accrues). Subsidized loans are offered to eligible students who demonstrate financial need; unsubsidized loans are available to eligible students regardless of financial need.

Federal student loans generally do not require a credit check and come with relatively low, fixed interest rates.

Federal Student Loans: What’s Changed for 2026

Major changes to federal student loans were enacted by the “One Big Beautiful Bill” Act (OBBBA) in July 2025, primarily affecting new borrowers starting in July 2026. Here’s are some changes that will impact undergraduates:

•  Fewer payment plans: OBBBA will reduce repayment options from the current seven plans down to two new plans. These include:

◦  The standard plan: Borrowers will be assigned a repayment window of between 10 and 25 years, depending on the size of their debt, and will need to make equal monthly payments. This is generally the best choice for those who want to pay off their loans quickly and minimize interest costs.

◦  The Repayment Assistance Plan (RAP): Borrowers who worry they won’t be able to make the fixed monthly payments on the standard plan, can choose the Repayment Assistance Plan (RAP). On RAP, payments range from 1% to 10% of a borrower’s Adjusted Gross Income (AGI), with forgiveness after 30 years of consistent payments.

•  Lower borrowing limits for parents: Parents and caregivers who use parent PLUS loans to help students pay for college will see new loan limits. These loans will be capped at $20,000 a year and, in aggregate, at $65,000 per child.

💡 Quick Tip: Parents and sponsors with strong credit and income may find more-competitive rates on no-fees-required private parent student loans than federal parent PLUS loans. Federal PLUS loans also come with an origination fee.

Private Student Loans

Private student loans are offered by private lenders like banks and credit unions to help cover educational and living expenses. They are typically used to bridge the funding gap when federal student aid (including federal student loans) and scholarships do not cover the total cost of attendance.

Unlike federal loans, private student loans are credit-based, meaning a borrower’s credit history is a key factor in approval and interest rates. Many students need a creditworthy cosigner to qualify.

Private lenders often allow borrowing up to the total cost of attendance (minus any financial aid), which can be higher than federal loan limits. However, private loans may have higher interest rates and generally lack the borrower protections available with federal loans, such as income-driven repayment and forgiveness programs.

The Takeaway

Choosing which college to attend is a major decision, and College Decision Day is the critical deadline. By staying organized, diligently comparing financial aid packages, and planning for how you will ultimately finance your education, you can navigate this stressful but exciting time successfully. Taking these preparation steps can help ensure you make the best choice for your academic future and financial well-being.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

What should I consider when comparing financial aid offers in 2026?

When comparing financial aid offers for 2026, the key is to look past the sticker price and focus on the net cost. This is the total cost of attendance (tuition, fees, room, board, and estimated personal expenses) minus any grant and scholarship money you receive. Grants and scholarships are essentially free money that does not need to be repaid, making them the most valuable part of your package. You’ll also want to closely examine the federal student loans offered, noting whether they are subsidized (the government pays the interest while you’re in school) or unsubsidized (you are responsible for all interest). If you’re eligible for work-study, that can also help you cover some of your costs.

What happens if I miss the College Decision Day deadline?

If you miss the College Decision Day deadline, you may lose your spot at your chosen school. Colleges often reallocate unclaimed offers to waitlisted students. Contact the admissions office immediately, as some may offer a short grace period. Missing the deadline can also impact your eligibility for financial aid and housing preferences.

Can I apply for more financial aid after receiving my college acceptance?

Yes, you can generally apply for more financial aid even after you’ve received your college acceptance and initial aid offer. The process is typically called a financial aid appeal. You’ll need to contact the college’s financial aid office to request this review. Generally, your odds of success are better if you can demonstrate a significant change in your family’s financial situation since submitting the FAFSA®, such as a job loss, unexpected medical expenses, or a parent’s divorce. You will need to provide documentation to support your appeal.

How can I appeal my financial aid offer?

To appeal your financial aid offer, contact your college’s financial aid office and ask about their appeal process. Typically, you need to submit a formal letter explaining your financial changes or special circumstances, such as job loss or medical expenses, and include documentation to support your case. Appeals are reviewed individually and may or may not increase your aid.

Are there any new student loan options for 2026?

Federal student loan options are undergoing significant changes for new borrowers starting in July 2026 due to the “One Big Beautiful Bill” Act (OBBBA) enacted in July 2025. For undergraduates, changes include a reduction in repayment plans from seven to two: the Standard Plan (fixed payments over 10-25 years) and the Repayment Assistance Plan, or RAP (payments based on 1%-10% of adjusted gross income, with forgiveness after 30 years). Additionally, new annual and aggregate borrowing limits for Parent PLUS loans have been set at $20,000 and $65,000 per child. Private student loans remain an option, typically used to cover costs beyond what federal aid provides.

How do recent federal policy changes affect my student loans?

The federal policy changes enacted by the “One Big Beautiful Bill” Act (OBBBA) in July 2025 will significantly affect new federal student loan borrowers starting in July 2026. For undergraduates, the most impactful change is the consolidation of the seven existing repayment plans into just two: the Standard Plan, which assigns fixed monthly payments over a 10- to 25-year period based on debt size, and the Repayment Assistance Plan (RAP), a new income-driven option where payments are set at 1% to 10% of the borrower’s adjusted gross income, leading to forgiveness after 30 years of consistent payments. In addition, parents using Parent PLUS loans to help finance their children’s education will face new limits, with annual borrowing capped at $20,000 and an aggregate limit of $65,000 per child.

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

SOISL-Q425-040