MBA Loans | SoFi
Student loans with
competitive rates
for MBA programs.
SoFi takes the headache out of student loans for MBAs, so you can keep your focus on mastering the art of business administration (and honestly, how many people can say they mastered something?).
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New! Cash bonus for good grades.
Up to $2502 with GPAs 3.0 or higher.
Learn more
Received a mailer from us?
Here to help you pay for your MBA student loan.
We know how hard you’ve worked. Now you can pay for that hard work with premium, competitive-rate business school loans.
All online. All easy.
Finish our simple online application in minutes—and finish it even quicker for your next MBA loan or a graduate student loan with our fast track application, which will prefill your info. Plus, get access to live customer support 7 days a week.
No fees required. No fuss.
No fees required means no fees required. That means no origination fees, no late fees, and no insufficient funds fees. Period.
Competitive rates.
You’re ambitious and probably competitive–much like our rates. Our student loans with competitive rates and flexible term options for business school can help you in the next stage of your education.
Exclusive member benefits.
SoFi members can qualify for exclusive rate discounts. You’ll get access to financial advisors, networking events, and more—all at no additional cost.
MBA STUDENT LOANS
Earn and redeem points to pay down your SoFi MBA loan.
You can redeem your rewards points to pay down your SoFi student loan for your MBA. Earning rewards points is as easy as setting up bill pay, checking your credit score, and more.
Learn more
For complete Member Rewards details, read our Terms of Service.
MBA student loan rates.
Choose from competitive fixed or variable rates for business school.
Not sure which to choose?
Learn more.→
How to apply for private MBA loans from SoFi?
-
1
Apply online in just minutes.
Get your rate fast and find out if you’re prequalified before you even finish the full application. Seamlessly add a cosigner to your MBA student loan in just a few clicks.
-
2
Select your rate and repayment option.
Choose from fixed or variable rates. Then, pick from four repayment options.
-
3
Sign and accept your MBA loan.
Upload screenshots of your info, sign your paperwork electronically, and voilà—your student loan for MBA is in the works! We’ll handle it from there.
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SoFi student MBA student loans vs. other lenders.
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‘Yes’,
‘Yes’,
‘Yes (5,7,10,15 year terms)’,
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competitorCards={[
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‘Sallie Mae’,
’15 minutes’,
‘Late fee + returned check’,
‘3’,
‘No’,
‘No’,
‘No (terms assigned by lender)’,
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Comparisons based on information obtained on lenders’ websites as of July 11, 2021
View your rate
Repay MBA student loans your way.
Pick the repayment option that works for you and your budget.
Deferred
Start paying principal and interest payments on your MBA loan, six months after you graduate.
- No payments while in school
- Highest overall cost option
Interest only
Pay only interest payments while you’re in school.
- Moderate payment while in school
- Reduces overall cost
Partial
Pay a $25 fixed monthly payment while you’re in school.
- Lowest payment option while in school
- Reduces some of the overall cost
Immediate
Start paying principal and interest payments on your MBA student loan right away.
- Highest payment option while in school
- Lowest overall cost option
View MBA repayment examples
MBA student loans on your terms.
You’ve got the choice of four different term options for MBA loans. Pick the rate and schedule that feels right for you.
You got the job—now get the MBA.
Now you can use your job offer letter as proof of income when applying for an MBA student loan.3 As long as your start date is within 1 year, you’ll be good to go.
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MBA Loan FAQs
You can apply and get a credit decision within minutes. If approved, you would then need to accept your terms and electronically sign your loan documents. At that point, we send the loan application information to the school for certification. During this process, schools verify your enrollment status, academic progress, and your financial aid package. Every school has their own processes and timelines, so certification can take several days or sometimes weeks. Once we receive the certification back from the school, we’ll schedule the funds to be sent according to the school’s requested timeline. The entire process from application to actually sending the money to the school typically takes at least 4-6 weeks, but it can be shorter or longer than that depending on the school.
- Social Security number or Tax Identification Number (TIN) are required from all borrowers all the time
- Proof of income: You may be required to provide proof of income if SoFi is not able to validate it automatically. We could use something similar for gov’t id.
- Government-issued ID
- Student’s school information (student’s estimated graduation date and academic term)
- Loan amount (how much you’d like to borrow)
- Financial aid you expect to receive
- Do you already have a private student loan with SoFi? We’ll use your past application to pre-fill as much information as possible in your new application
SoFi’s eligible school list consists of most public and private, degree-granting institutions.
See more FAQs
MBA loan resources, and more.
Got more questions about student loans for MBAs? Our online resource center covers MBA loans and more with over 500 articles, budgeting tools, and guides.
Visit SoFi Learn
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., 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. View MBA payment examples. View Law payment examples. 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 12/15/25 and is subject to change.
* Interest Rates: Eligibility and Important Details. Fixed rates range from 3.18% APR to 14.83% APR with all discounts. Variable rates range from 4.39% APR to 15.86% APR with all discounts. Unless required to be lower to comply with applicable law, Variable Interest rates are capped at 17.95%. SoFi rate ranges are current as of 6/1/23 and are subject to change at any time. Your actual rate will be within the range of rates listed above and will depend on the term and type of repayment option you select, evaluation of your creditworthiness, income, presence of a co-signer (if applicable) and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. Check out our eligibility criteria at https://www.sofi.com/eligibility-criteria/. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi.
