University of Pennsylvania Tuition and Fees
University of Pennsylvania Tuition and Fees
The University of Pennsylvania (UPenn), located in the historic city of Philadelphia, is known for its rich liberal arts and sciences tradition and world-class education. A total of 29,109 students in fall 2024 strolled down Locust Walk, cheered on the Quakers, and took classes among its four undergraduate and 12 graduate schools.
The storied institution is a member of the Ivy League, alongside seven others: Brown, Columbia, Cornell, Dartmouth, Harvard, Princeton, and Yale.
Keep reading for a closer look at University of Pennsylvania tuition costs, housing expenses, top majors, and more.
Total Cost of Attendance
In 2024-25, University of Pennsylvania tuition was $68,686. The cost is similar to the tuition of other Ivy League institutions, which range from $61,676 (Harvard) to $71,845 (Columbia).
Costs for 2024-2025
|
Expenses |
Costs (Living on Campus) |
Costs (Living Off Campus) |
|
Tuition & Fees |
$68,686 |
$68,686 |
|
Books & Supplies |
$1,358 |
$1,358 |
|
Room & Board |
$19,174 |
$18,360 |
|
Other Expenses |
$3,070 |
$3,070 |
|
Total Cost of Attendance |
$92,288 |
$91,474 |
Financial Aid
Of full-time students beginning at the University of Pennsylvania in the 2022-23 academic year, 62% received a combination of financial aid. Specifically, 48% received a grant or scholarship and 9% received federal student loans, for an average award of $59,721 in grants or scholarships and $5,054 in federal student loans.
Explore financial aid options: Pennsylvania Student Loan & Scholarship Information
Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, or nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than those on private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.
You can find other financial aid opportunities at sources such as:
• U.S. Department of Education – Learn more about the grants that are bestowed by the federal government
• College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Recommended: The Differences Between Grants, Scholarships, and Loans
Private Student Loans
Of the full-time beginning undergraduate students who take advantage of student loans at UPenn, 4% use private student loans to cover the costs. These students receive an average of $28,622 in private loans.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, because it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: A Complete Guide to Private Student Loans
Projected 4-Year-Degree Price
UPenn’s cost for four years (tuition, room and board on campus, and fees) would be about $369,152 — but note that cost doesn’t include scholarships and grants.
For the 2023-24 academic year, here are the average price of tuition and fees among colleges and universities across the country:
• $41,540 at private colleges ($166,160 for four years)
• $11,260 for in-state residents at public colleges ($45,040 for four years)
• $29,150 for out-of-state residents at public colleges ($116,600 for four years)
This student loan and scholarship information may be valuable as you research schools and costs.
Undergraduate Tuition and Fees
Tuition, fees, and books cost $70,044 for UPenn in 2024-25. To compare to another Ivy League institution, Harvard’s tuition is $61,676, while fees and books cost $1,000 — a total of $62,676. Here’s a breakdown of UPenn’s costs without housing:
|
Expenses |
Costs |
|
Tuition & Fees |
$68,686 |
|
Books |
$1,358 |
|
Total Undergraduate Costs |
$70,044 |
Graduate Tuition and Fees
Costs for 2024-25
|
Expenses |
Costs |
|
Tuition |
$43,174 |
|
Fees |
$4,670 |
|
Total |
$47,844 |
The average cost of graduate student tuition and fees was $43,174 in 2024-25, with $4,670 in fees.
How does this compare to other graduate schools across the country? The average cost of a master’s degree is $62,820. A master of arts degree usually costs $71,140, while a master of science degree typically costs $61,380.
Students can get graduate loans to help with the costs.
Cost per Credit Hour
The cost per credit is $2,612 for one credit unit (c.u.), plus an online services fee of $162. Two credit units cost $5,224, three credit units cost $7,836, and four credit units cost $10,448. The cost per credit unit also comes with online services fees as well. Note that one credit unit typically represents a four-semester-hour course.
There are always year-to-year changes in cost per credit units, so it’s a good idea to keep tabs on those charges, which usually increase.
Campus Housing Expenses
Costs for 2024-25
|
Expense Type |
On-Campus Costs |
Off-Campus Costs |
|
Room & Board |
$19,174 |
$18,360 |
|
Other Expenses |
$3,070 |
$3,070 |
UPenn offers 13 undergraduate College Houses, with 5,500 undergraduates living on campus. Upperclass students can live in high-rises with apartment-style living. UPenn’s off-campus housing marketplace site lists a plethora of opportunities for students living off campus, and you can also find roommates and housing opportunities based on your budget.
University of Pennsylvania Acceptance Rate
Fall 2023
|
Number of Applications |
Number Accepted |
Percentage Accepted |
|
59,465 |
3,568 |
6% |
The UPenn acceptance rate is only 6%, cementing its standing as a competitive Ivy League institution.
Admission Requirements
The admission requirements for UPenn include the following:
Required:
• High school transcript with GPA
• High school record
• Letters of recommendation
Items considered:
• High school rank
• Completion of college prep program
• Formal competency demonstration
• Personal statement or essay
• SAT or ACT scores
• English proficiency test
SAT and ACT Scores
In 2023, 51% of UPenn students submitted SAT scores and 19% submitted ACT scores. UPenn is test-optional, but of the students who took the tests, here were their scores at the 25th and 75th percentiles:
|
Subject |
25th Percentile |
75th Percentile |
|
SAT Reading/Writing |
730 |
770 |
|
SAT Math |
770 |
800 |
|
ACT Composite |
34 |
35 |
|
ACT English |
35 |
36 |
|
ACT Math |
33 |
36 |
Popular Majors at University of Pennsylvania
UPenn offers 100 majors across four schools for undergraduates. Check out the most popular majors at the University of Pennsylvania as of 2023-24.
1. Financial Analytics
Students in this major develop the ability to make data-driven business decisions and use statistical analysis and business analytics in competitive markets. Graduates will help businesses and organizations use data to improve decisions using a wide variety of data.
Undergraduate degrees in 2023-24: 261
2. Econometrics and Quantitative Economics
Among the top 10 in the country, the UPenn economics department is research-oriented and geared toward training the world’s foremost research economists. Successful graduates develop analytical and economic literacy and commonly hold academic and research positions in both the private or public sector. The department is famous for its Penn Institute for Economic Research and its International Economic Review, a leading economics journal.
Undergraduate degrees in 2023-24: 210
3. Registered Nursing
Ranked as the best nursing school worldwide, UPenn’s registered nursing curriculum blends the science of health care (theoretical knowledge) with clinical expertise (applied knowledge). The nursing faculty are among the world’s expert clinicians and researchers. UPenn’s nursing program also has a state-of-the-art simulation center, research opportunities, and rigorous clinical experience.
Undergraduate degrees in 2023-24: 174
4. Philosophy
Philosophy at UPenn examines concepts involving the formal sciences, natural sciences, humanities, the arts, and social, legal, and political theory. Undergraduates read texts, consider positions and arguments, and develop reasoning skills. UPenn’s philosophy graduates work in the following areas: law, medicine, business, journalism, computer science, the natural sciences, government, and philosophy.
Undergraduate degrees in 2023-24: 148
5. Biology/Biological Sciences
The internationally recognized biology department at UPenn contains strong research and educational programs. The department’s research areas include ecology, evolution, plant sciences, molecular and cellular biology, genomics, quantitative biology, and neuroscience. The department integrates biology across interdisciplinary areas to explore the constantly changing natural world at various angles.
Undergraduate degrees in 2023-24: 145
6. Computer and Information Sciences
Computer and information sciences at UPenn propels students’ experiences into complex software and hardware systems, digital media design, AI, computer vision, machine learning, and more. Penn’s students will become tomorrow’s leaders and visionaries in computer science. Undergraduates receive a wide variety of research opportunities and interdisciplinary collaborations.
Undergraduate degrees in 2023-24: 126
7. Neuroscience
A premiere institution for neuroscience research and training, interdisciplinary collaboration is the hallmark of the neuroscience program at UPenn, where numerous students gain an understanding of the brain and its diseases. Undergraduate students work with many Penn professors to study and contribute to world-renowned neuroscience research and discovery.
Undergraduate degrees in 2023-24: 97
8. Political Science and Government
Political science offers the opportunity to explore various levels and subfields of political science, including international relations, American politics, comparative politics, political theory, and more. Students can work with renowned faculty members, work through real-world problems, and have the opportunity to study abroad and engage in internships and a wide array of extracurricular activities. Political science majors at Penn go on to have careers in government, law, business, international and civic organizations, journalism, and education.
Undergraduate degrees in 2023-24: 96
9. Computer Science
Computer science at UPenn prepares future professionals for careers in network and computer services consulting companies, financial institutions, healthcare organizations, research labs, and other related fields. Computer science majors combine expertise in many areas, including areas where large amounts of data are manipulated, such as in health industries or financial institutions. Computer science majors at UPenn become computer scientists and engineers and regularly earn advanced degrees.
Undergraduate degrees in 2023-24: 83
10. Research and Experimental Psychology
Psychology at UPenn studies the mind, how people perceive information, and how they respond. This major offers analytical and conceptual skills, providing a foundation for a wide number of careers upon graduation.
Undergraduate degrees in 2023-24: 73
Graduation Rate
The following are graduation rates for entering full-time students who began at UPenn in Fall 2017 for specified periods:
• 4-year: 88%
• 6-year: 97%
Post-Graduation Median Earnings
Ten years after entering the school and graduating from the University of Pennsylvania, the median earnings of former students is $111,371. That’s considerably more than the average of bachelor’s degree graduates nationwide, who earn a median salary of $80,236.
Bottom Line
The UPenn cost of attendance is $92,288 per year, including tuition and fees, room and board, books and supplies, and other expenses. However, the average amount of aid awarded to undergraduates for grants and scholarships is $59,721, which can knock an appreciable amount off the cost of UPenn. Just like other Ivy League institutions, UPenn is need-blind, which means the admissions committee doesn’t take ability to pay into consideration when paying for college.
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.
Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.
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 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.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
SOISL-Q325-027
University of California, Los Angeles (UCLA) Tuition and Fees
Southern New Hampshire University Tuition and Fees
Founded in 1919, the University of California, Los Angeles (UCLA) was the second university to join the University of California (UC) System. Its 419-acre main campus, which sits between the cities of Santa Monica and Beverly Hills, offers a range of degree programs — from undergraduate majors and minors to masters, doctoral, and professional programs.
Keep reading for a closer look at UCLA tuition costs for both in-state and out-of-state students, housing expenses, top majors, and more.
Total Cost of Attendance
UCLA is an acclaimed research institution known for its academic programs, medical center, and athletics. Below is the estimated 2024-2025 UCLA cost of attendance for a full-time undergraduate student, which is considerably lower than that of its local rival, the University of Southern California.
Costs for 2024-2025
|
Expenses |
In-State |
Out-of-State |
|
Tuition & Fees |
$15,203 |
$49,403 |
|
Books & Supplies |
$1,641 |
$1,641 |
|
Room & Board |
$18,369 |
$18,369 |
|
Other Expenses |
$6,777 |
$6,777 |
|
Total Cost of Attendance |
$41,990 |
$76,190 |
Financial Aid
A majority of UCLA’s undergraduate student population (60%) receives some form of student aid, and of that group, 49% receive grant or scholarship financial aid. For the 2022-2023 academic year, the most current data available from the National Center for Education Statistics, 27% of low-income families received need-based federal Pell Grant awards.
Explore financial aid options: California Student Loan & Scholarship Information Guide
Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than those on private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.
You can find other financial aid opportunities at sources such as:
• U.S. Department of Education – Learn more about the grants that are bestowed by the federal government
• College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Recommended: The Differences Between Grants, Scholarships, and Loans
Private Student Loans
In addition to grant and scholarship aid, a small percentage of Bruins (3%) borrow private student loans to cover University of California, Los Angeles cost of attendance.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, because it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: A Complete Guide to Private Student Loans
Projected 4-Year-Degree Price
Based on the 2024-25 cost of attendance estimates over a four-year program, undergraduate California residents can expect to spend $167,960. For out-of-state students, the cost soars to $304,760 for a bachelor’s degree.
By comparison, the national average cost of attendance for the 2023-24 academic year for a four-year in-state public college averages $115,360 in total for all four years, and $186,920 in total for out-of-state public college for all four years. Private institutions are higher at an average cost of $241,680 for all four years.
This student loan and scholarship information may be valuable as you research schools and costs.
Undergraduate Tuition and Fees
For the 2024-25 academic year, in-state students paid $15,203 in University of California, Los Angeles tuition and fees, plus the cost of books and supplies. Out-of-state students paid $49,403 for the same year. By comparison, the national average for tuition and fees for an in-state undergraduate student attending a public institution was $11,610 per year; $30,780 per year for an out-of-state student.
|
Expense |
In-State |
Out-of-State |
|
Tuition & Fees |
$15,203 |
$49,403 |
|
Books & Supplies |
$1,641 |
$1,641 |
|
Total Undergraduate Costs |
$16,844 |
$51,044 |
Graduate Tuition and Fees
California residents who are pursuing a postgraduate program at UCLA paid $14,476 toward 2024-25 tuition and fees. For out-of-state graduate students, UCLA tuition and fees were $29,578. This is in line with the estimated $44,640 to $71,140 for a master’s degree, according to Education Data’s estimates.
|
Expense |
In-State |
Out-of-State |
|
Tuition |
$12,762 |
$27,864 |
|
Fees |
$1,714 |
$1,714 |
|
Total Graduate Costs |
$14,476 |
$29,578 |
There are many options for graduate loans that can help with these costs.
Cost per Credit Hour
UCLA tuition is charged as a flat annual rate, and not on a per-credit-hour basis during its regular term. However, based on 2024-25 in-state undergraduate tuition and fees at $15,203, and assuming full enrollment of 15 credit hours, students can expect to spend approximately $1,014 per credit hour.
Campus Housing Expenses
UCLA’s on-campus housing options include four building types, from classic residence halls to suites. Each housing option offers double and triple occupancy units, and a variety of communal amenities.
Bruins can also consider living off-campus in a nearby neighborhood. The average rent for a 938 sq.ft. apartment in Westwood is $3,763. With a roommate to help split the cost of rent, off-campus housing could potentially be more affordable. However, keep in mind that renting involves a full year lease, instead of just the active school term.
|
Expenses |
On-Campus |
Off-Campus |
|
Food & Housing |
$18,369 |
$18,610 |
|
Other Expenses |
$6,777 |
$6,777 |
|
Total Living Expenses |
$25,146 |
$26,183 |
UCLA Acceptance Rate
Fall 2023
|
Number of Applications |
Number Accepted |
Percentage Accepted |
|
145,903 |
13,131 |
9% |
Admission Requirements
Undergraduate applicants must meet certain requirements to be considered for admission into UCLA:
• Secondary school GPA
• Secondary school record
• College-prep program completion
• Personal statement or essay
Factors that are not used in admissions decisions include:
• School rank
• Recommendations
• Formal demonstration of competencies
• Work experience
• Legacy status
The UC application opens on August 1 each year, and applications can be submitted from October 1 to December 1.
SAT and ACT Scores
The University of California, Los Angeles is a test-blind institution. Standardized tests, such as the SAT and ACT, are not considered in admissions decisions.
Popular Majors at UCLA
UCLA offers a range of undergraduate programs. Due, in part, to its renowned research and health care facilities, many of its most popular majors are in the sciences.
1. Econometrics and Quantitative Economics
Students develop their knowledge of theoretical and empirical economics through foundational courses, and upper division courses specific to econometrics. Learning outcomes include critical thinking, quantitative reasoning, and fine-tuning communication skills for application in the real world.
Undergraduate degrees in 2023-24: 692
2. Psychology
Students majoring in psychology at UCLA can choose from various disciplines, including developmental, clinical, cognitive, social, and more. This degree prepares students for careers in law, education, health, business, and public policy.
Undergraduate degrees in 2023-24: 654
3. Sociology
Sociology students at UCLA are required to take courses on sociological theory, methods, core areas (e.g. Interactions, Institutions and Social Processes, or Power and Inequality), and a handful of electives.
Undergraduate degrees in 2023-24: 630
4. Political Science and Government
As a political science major, UCLA students develop a fundamental knowledge about national and international political processes and concepts. You’ll hone your critical thinking and reasoning skills, and craft written and oral arguments that blend evidence and tact.
Undergraduate degrees in 2023-24: 601
5. Biology/Biological Sciences
UCLA’s undergraduate biology program introduces students to multiple life and physical sciences, with courses like Evolution & Genetics and Structure Functions. It’s a useful curriculum for students who want a broad understanding of biology or who are pursuing an advanced education in health sciences.
Undergraduate degrees in 2023-24: 353
6. Computer Science
A bachelor’s degree from UCLA in computer science focuses on software systems. Students take a variety of interdisciplinary courses from mathematics to physics, in addition to software-specific classes and labs related to software construction, principles of operating systems, and programming languages.
Undergraduate degrees in 2023-24: 340
7. Cell/Cellular and Molecular Biology
Bruins who declare the cellular and molecular biology undergraduate major learn about cell function and differences between cells. Students can also choose to minor in biomedical research, which involves hands-on research. This academic path is ideal for students who are interested in careers as scientific researchers, teaching, and more.
Undergraduate degrees in 2023-24: 263
8. Cognitive Science
The cognitive science undergraduate program is offered through UCLA’s Department of Psychology. Students will learn about artificial and human intelligence, and satisfy curriculum courses that are interdisciplinary, like computer science and mathematics.
Undergraduate degrees in 2023-24: 222
9. History
As a history major at UCLA, undergrads explore various historical periods from ancient societies to today. Broad themes like music and arts, ethnicity, class, war, and medicine will be explored. Students will learn how to analyze and interpret past events, and develop in-depth critical arguments.
Undergraduate degrees in 2023-24: 222
10. English Language and Literature
English majors at UCLA learn research methods, analytical writing, and oral communication skills through the curriculum. The department also offers a concentration in creative writing within either the poetry or short story genres.
Undergraduate degrees in 2023-24: 213
Graduation Rate
The following are graduation rates for entering full-time students who began at UCLA in Fall 2017 for specified periods:
• 4-year: 86%
• 6-year: 93%
Post-Graduation Median Earnings
UCLA graduates generally have a median salary of $82,511 after the first 10 years from their first enrollment into the university, based on the U.S. Department of Education College Scorecard. By comparison, the average starting salary of a bachelor’s degree graduate in the U.S. is $68,680, according to the National Association of Colleges and Employers.
Bottom Line
University of California, Los Angeles cost of attendance ranges from $41,990 to $76,190 for the 2024-25 academic year, and the school is highly competitive with a UCLA acceptance rate of less than 10%. Generally, students who are accepted into the esteemed university are awarded at least some financial assistance. Nearly half of students during the 2022-23 year received an average of $22,441 in grant or scholarship aid.
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.
Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.
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 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.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
SOISL-Q325-025
University of Michigan Tuition and Fees
University of Michigan Tuition and Fees
The University of Michigan is known for its renowned research centers, like the Michigan Institute for Data Science (MIDAS), and its elite athletics programs as a Big Ten Conference competitor. If you’re considering “going Blue,” here’s what to know about University of Michigan’s cost of attendance, tuition by degree level, acceptance rate, and more.
Total Cost of Attendance
Founded in 1817, the University of Michigan has three campuses with its main campus located in Ann Arbor, Michigan, 45 minutes west of Detroit. It’s a public, four-year research institution with a prestigious standing in collegiate sports, and its business, engineering, and computer science programs are ranked among the highest in the nation.
Costs for 2024-2025
|
Expenses |
In-State |
Out-of-State |
|
Tuition & Fees |
$17,736 |
$60,946 |
|
Books & Supplies |
$1,158 |
$1,158 |
|
Room & Board |
$15,328 |
$15,328 |
|
Other Expenses |
$2,710 |
$2,710 |
|
Total Cost of Attendance |
$36,932 |
$80,142 |
Financial Aid
Students generally cover University of Michigan’s cost of attendance through a variety of financial aid awards, from grants and scholarships to student loans. During the 2022-23 academic year, 55% of undergraduate students received grant or scholarship aid. A majority of students (54%) received institutional grants or scholarships at an average award amount of $20,048.
Additionally, 18% of first- and full-time undergrads received a federal Pell Grant, which is funding that’s reserved for students who demonstrate exceptional financial need.
Explore financial aid options: Michigan Student Loan & Scholarship Information Guide
Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than those on private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.
You can find other financial aid opportunities at sources such as:
• U.S. Department of Education – Learn more about the grants that are bestowed by the federal government
• College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Recommended: The Differences Between Grants, Scholarships, and Loans
Private Student Loans
At the University of Michigan, five percent of full-time undergraduate Wolverines received private student loans during the 2023-24 year. The average private student loan amount was $26,357.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, because it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: A Complete Guide to Private Student Loans
Projected 4-Year-Degree Price
The cost to complete a four-year undergraduate program at U of M for in-state students is $147,728 — higher than the national average four-year degree price of $115,360.
For out-of-state residents, University of Michigan costs for a bachelor’s degree soar to $320,568. The cost difference of attending U-M as an out-of-state student is significant, compared to the $186,920 national average for out-of-state, four-year degrees.
This student loan and scholarship information may be valuable as you research schools and costs.
Undergraduate Tuition and Fees
In-state students can expect to pay $18,894 toward tuition, fees, and books and supplies. Students who are out-of-state spend notably more at $62,104 for the 2024-25 academic year. By comparison, the average in-state tuition and fees at a public institution is $11,610, and $30,780 for out-of-state students.
|
Expenses |
In-State |
Out-of-State |
|
Tuition & Fees |
$17,736 |
$60,946 |
|
Books & Supplies |
$1,158 |
$1,158 |
|
Total Undergraduate Costs |
$18,894 |
$62,104 |
Graduate Tuition and Fees
For graduate students, University of Michigan tuition and fees are modest compared to the national average for a master’s degree. The average cost for a master’s degree, based on Education Data, ranges from $44,640 to $71,140. During the 2024-25 academic year, graduate tuition and fees at U of M were $28,886 for in-state students and $57,776 for out-of-state students.
|
Expense |
In-State |
Out-of-State |
|
Tuition |
$28,554 |
$57,444 |
|
Fees |
$332 |
$332 |
|
Total Graduate Costs |
$28,886 |
$57,776 |
There are many options for graduate loans that can help with these costs.
Cost per Credit Hour
Undergraduate Wolverines who are enrolled full-time receive a flat tuition rate for 12 to 18 credits; the per-credit cost for a 12-credit academic session is $817. However, for those who enroll part-time, the first credit hour is $1,187 for Michigan residents and $784 per additional credit hour. Out-of-state students pay $3,073 for the first credit hour and $2,670 for each additional credit.
Campus Housing Expenses
The University of Michigan offers various on-campus residence halls, with single, double, triple, quad, or suite options. According to the university, 97% of freshmen students live on campus. Estimates for on- and off-campus housing for U-M students are the same at $18,038 for food, housing, and other expenses.
Although off-campus housing estimates from the NCES report the same cost as on-campus, what you’ll ultimately pay to live off-campus varies. Expenses depend on your rental unit type, location, and number of roommates you’re splitting shared costs with. Keep in mind, however, that a rental lease is typically for a full 12-month period, not just during the academic session.
|
Expenses |
On-Campus |
Off-Campus |
|
Food & Housing |
$15,328 |
$15,328 |
|
Other Expenses |
$2,710 |
$2,710 |
|
Total Living Expenses |
$18,038 |
$18,038 |
University of Michigan Acceptance Rate
Fall 2023
|
Number of Applications |
Number Accepted |
Percentage Accepted |
|
87,632 |
15,774 |
18% |
Admission Requirements
If you’re considering applying to the University of Michigan as an undergraduate student, you’ll need to meet a short list of requirements, including:
• Secondary school record
• Recommendations
• Personal statement or essay
The following factors are optional to submit, but if submitted with your application, it’s considered by admissions committees:
• Secondary school GPA
• Secondary school rank
• Completion of college-preparatory program
• Work experience
Stay mindful of admissions deadlines. For the fall term, the application deadline is February 1. Students who are applying to the School of Music, Theatre & Dance have an earlier deadline of December 1.
SAT and ACT Scores
University of Michigan’s undergraduate admissions process is test-optional, meaning it’s not a requirement. However, students who choose to submit their scores will have their SAT/ACT results considered. First-time students who enrolled in Fall 2023 had the below scores by subject.
|
Test Subject |
25th Percentile |
75th Percentile |
|
SAT Evidence-Based |
670 |
750 |
|
SAT Math |
680 |
780 |
|
ACT Composite |
31 |
34 |
|
ACT English |
32 |
35 |
|
ACT Math |
29 |
35 |
Popular Majors at University of Michigan
The University of Michigan offers a breadth of bachelor’s degree programs with more than 280 degrees for its students to choose from. Below is a list of top undergraduate majors, based on degrees conferred in 2023-24.
1. Computer and Information Sciences
Computer and information science (CS) majors learn how to conceptualize and create new software and hardware. Students who are curious about the program can enroll in a two-credit course, called Discover CS – EECS 110, to learn fundamental CS concepts in a hands-on environment.
Undergraduate degrees in 2023-24: 1,103
2. Business Administration and Management
University of Michigan’s Bachelor of Business Administration (BBA) degree is ranked #4 in the nation, according to U.S. News & World Report. You’ll learn how to mitigate a business crisis, refine your analytical and critical thinking skills, and travel to leading organizations worldwide. Of the 2024 BBA graduates, 99.3% received a job offer by September 30 following graduation.
Undergraduate degrees in 2023-24: 613
3. Economics
The school’s undergraduate economics program is ranked #15 in the nation. As an economics student at the University of Michigan, you’ll learn how economics impacts businesses and society at large. You’ll evaluate economic policy, and hone your skills in critical thinking, analytics, and quantitative knowledge.
Undergraduate degrees in 2023-24: 522
4. Behavioral Neuroscience
U-M’s Department of Psychology and Department of Molecular, Cellular, and Developmental Biology (MCDB) developed a joint program, called Biopsychology, Cognition, and Neuroscience (BCN). This subspecialty weaves behavioral studies with other disciplines, like neuroscience and cognitive science, and is ideal for students who are interested in research training.
Undergraduate degrees in 2023-24: 353
5. Experimental Psychology
The school’s undergraduate research and experimental psychology program teaches students about core psychological principles with an emphasis in the scientific method. Students can participate in hands-on research and learn how to gather data, run experiments, analyze results, and communicate findings.
Undergraduate degrees in 2023-24: 326
6. Mechanical Engineering
University of Michigan’s bachelor in engineering programs rank fifth in the U.S., according to U.S. News & World Report. From thermal and fluid principles to dynamics and controls, mechanical engineering students learn how to create, build, and test machines and structures in a hands-on curriculum.
Undergraduate degrees in 2023-24: 239
7. Biology
Students can choose a broad curriculum through the general biology major or select among seven other biology majors, including two minors. General biology students learn about various life sciences, like microbiology, ecology, vertebrae evolution and diversity, and more. It’s ideal for students who want to pursue teaching or would like a foundational education in biology in preparation for a health profession.
Undergraduate degrees in 2023-24: 234
8. Political Science and Government
Poli-sci majors at the University of Michigan study U.S. and international policy, and acquire a foundational understanding of research methods and theory. Learning outcomes include critically analyzing the relationship between power and government, and advanced writing and analytical techniques.
Undergraduate degrees in 2023-24: 191
9. Communications and Media Studies
Communications and media studies students learn about mass and emerging media in a writing and critical thinking-focused curriculum. Students will learn about various themes that intersect with media, like globalization, health, and public opinion.
Undergraduate degrees in 2023-24: 187
10. Molecular Biology
Wolverines who major in molecular, cellular, and developmental biology emphasizes a curriculum in cellular and molecular structures, including their functions. Students develop a quantitative and analytical perspective to life sciences that is suited for preparation toward graduate-level study.
Undergraduate degrees in 2023-24: 177
Graduation Rate
Of students who began their education in Fall 2017 and enrolled full-time, 93% completed their degree.
Post-Graduation Median Earnings
According to the U.S. Department of Education’s College Scorecard, students who began their education at the University of Michigan 10 years prior made $83,648 in median earnings. By comparison, the median annual salary for all graduates is $80,236, according to the Bureau of Labor Statistics.
Bottom Line
The University of Michigan’s cost of attendance for undergraduates is higher than the national average for a public, four-year institution. However, students who appreciate a tradition of excellence — both academically and athletically — might find student life at U of M lively and rewarding.
Plus, projected median earnings of students who attend the institution are generally higher than earnings of graduates from other schools, which might pay off in the long run.
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.
Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.
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 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.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
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Southern New Hampshire University Tuition and Fees
Southern New Hampshire University Tuition and Fees
(Last Updated – 08/2025)
Total Cost of Attendance
Considered one of the “Best Regional Universities” by U.S. News & World Report, Southern New Hampshire University offers a superior education, both in person and online.
Costs for 2024-2025
|
Expense |
Cost |
|
Tuition & Fees |
$17,200 |
|
Books & Supplies |
$1,500 |
|
Room & Board |
$12,800 |
|
Other Expenses |
$9,888 |
|
Total Cost of Attendance |
$41,388 |
Southern New Hampshire University tuition for the 2024-25 academic year was $17,200. This is substantially lower than the national average for four-year private nonprofit institutions of $41,540 per year.
Financial Aid
Most students (81%) receive student loans, grants, or scholarships to help with SNHU tuition.
Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than those on private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.
You can find other financial aid opportunities at sources such as:
• U.S. Department of Education – Learn more about the grants that are bestowed by the federal government
• College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Recommended: The Differences Between Grants, Scholarships, and Loans
Private Student Loans
About two-thirds (66%) of first-year students received student loans in 2022-23 to pay their Southern New Hampshire University tuition. Almost all (65%) took out federal student loans and 4% had private loans. The average private student loan amount was $15,985.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private student loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: A Complete Guide to Private Student Loans
Projected 4-Year-Degree Price
Based on figures for 2024-25, four years’ worth of tuition, room and board, books, and other expenses at Southern New Hampshire cost $165,552. This is far more affordable than the national average for private four-year colleges of $241,680, according to CollegeData.com.
This Student Loan & Scholarship Information may be helpful in understanding options for financing four years at SNHU.
Undergraduate Tuition and Fees
Costs for 2024-25
|
Expense |
Cost |
|
Tuition & Fees |
$17,200 |
|
Room & Board |
$12,800 |
|
Total |
$30,000 |
In 2024-25, SNHU first-year students paid $17,200 for tuition and fees and $12,800 for room and board, for a total of $30,000. The average for private schools in the U.S. is more than double that, at $60,420 per year.
Graduate Tuition and Fees
Costs for 2024-25
|
Expense |
Cost |
|
Tuition |
$20,385 |
|
Fees |
$1,002 |
|
Total |
$21,387 |
Southern New Hampshire University offers more than 30 graduate programs. As of 2024-25, SNHU tuition for graduate school is $20,385 per year, with $1,002 in fees, for a total of $21,387. This is 42% more than the $15,100 average annual cost of private, nonprofit U.S. graduate schools.
There are graduate loans available to help with Southern New Hampshire costs.
Cost per Credit Hour
Another option is to attend SNHU part-time. In 2024-25, you would pay $567 per credit as an undergraduate and $793 as a masters student. Doctoral candidates pay $680 to $1,025 per credit.
Campus Housing Expenses
Costs for 2024-25
|
Expense |
On Campus |
Off Campus |
|
Room & Board |
$12,800 |
$1,865/mo.* |
|
Other Expenses |
$9,888 |
$9,888 |
*Average rate based on available one-bedroom apartments near SNHU in 2025. Source: Rentable.com.
SNHU offers five residence halls, primarily for freshmen and sophomores, as well as three residence apartment buildings for juniors and seniors.
Those who choose to live off campus will find many options for apartments, houses, and duplexes near campus.
Southern New Hampshire University Acceptance Rate
Fall 2023
|
Number of applications |
Number accepted |
Percentage accepted |
|
45,127 |
43,322 |
96% |
The Southern New Hampshire acceptance rate is high, at 92%.
Admission Requirements
Southern New Hampshire University has a few requirements for applicants, as well as some recommended documents you may want to submit.
Required:
• Official high school transcript (or GED) with GPA
• One letter of recommendation from a school counselor or teacher
Recommended:
• SAT or ACT scores
The deadline for Early Action is November 15; for Priority, it’s February 1.
SAT and ACT Scores
You are not required to submit SAT or ACT test scores for admission to SNHU.
Popular Majors at Southern New Hampshire University
SNHU offers a variety of fields of study, both online and on campus, as well as hybrid programs. Here are the most popular majors.
1. Business Administration
The most common major at SNHU is business administration. There are ample areas of concentration to choose from: accounting, aviation management, business analytics, finance, global business, hospitality business, human resource management, international business, and more.
Undergraduate degrees in 2023-24: 5,245
2. Psychology
Students can opt for online or on-campus studies in psychology or counseling, where they will develop critical thinking and communication skills while learning about human behavior.
Undergraduate degrees in 2023-24: 2,993
3. Liberal Arts
SNHU offers several bachelor’s degrees in liberal arts, including communication, creative fiction or nonfiction writing, economics, finance, English (with concentrations in literature or professional writing), and history.
Undergraduate degrees in 2023-24: 1,311
4. Healthcare Administration
This program offers a bachelor’s degree in business administration with a concentration in healthcare administration. Coursework includes healthcare economics, healthcare strategic management and policy, and organizational behavior.
Undergraduate degrees in 2023-24: 1,064
5. Criminal Justice
Interested in bringing justice to the court system? Earning a Bachelor of Science degree in justice studies, you can choose a concentration in crime and criminology, law and legal process, policing and law enforcement, or terrorism and homeland security.
Undergraduate degrees in 2023-24: 895
6. Graphic Design and Media Arts
This program, available both on and off campus, covers all the fundamentals of graphic design, including layout, typography, data graphics, branding, and user interface design. The online version of this major offers concentrations in user experience design and web design.
Undergraduate degrees in 2023-24: 662
7. Accounting
The accounting program is available both online and on campus. Courses include professional communication in accounting, Microsoft Excel for accountants, and fundamentals of financial accounting.
Undergraduate degrees in 2023-24: 641
8. Computer Science
You can earn a BS in computer science with a concentration in data analysis, information security, machine learning, project management, or software engineering.
Undergraduate degrees in 2023-24: 631
9. Nursing
SNHU’s Bachelor of Science in Nursing is online and can be completed in as little as one year. You will learn safe nursing practices, strategies to improve patient health, and communication skills.
Undergraduate degrees in 2023-24: 623
10. Computer Information Systems
Centered on IT-business collaboration, this program offers coursework in systems analysis, database and project management, business intelligence, and enterprise information systems. If you want to further focus your degree, SNHU offers a concentration in statistical modeling.
Undergraduate degrees in 2023-24: 620
Learn more about the programs you can major in at SHNU.
Graduation Rate
Here’s the graduation rate for students who started studying at Southern New Hampshire University in 2017:
• Four years: 38%
• Six years: 48%
Post-Graduation Median Earnings
After graduating, students from SNHU earn, on average, $50,318 per year. This is below the national average for four-year private, nonprofit schools of $53,727.
Bottom Line
With an emphasis on business programs, SNHU offers students the opportunity to learn in person or online. The tuition is affordable and there are plenty of financial aid options to help you pay for your schooling.
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.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
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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