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SoFi Refi 0.375% rate discount | SoFi

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REFINANCE STUDENT LOANS


Fixed interest rates start at 3.865%


APR

1
,
2




(with all discounts).


Refinancing your student loans could save you thousands. Just be sure to apply through this page to enjoy the 0.375% rate discount2 exclusively available to you as a SoFi partner.


View your rate

✓ Checking your rate will not affect your credit score.

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Why choose SoFi?

Since 2011, we’ve helped over 515,000 members refinance their student loan debt. Here’s just a bit of what they enjoy:

  • Serious savings.
    Zero fees required.

    You could save thousands with a lower interest rate and no fees required.

  • Easy online process

    Your time matters. View your
    rate in two minutes.

  • Member benefits

    Access SoFi Travel benefits3, our debt summary tool, rewards points to pay toward loans4, and more.

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Real stories from real grads.

550,000+
SoFi members have refinanced their student loans

$47 billion+
In student loans refinanced

4.3/5 stars
On Trustpilot

4.3/5 star rating based on 9,668 reviews as of July 7, 2025. See trustpilot.com/review/sofi.com for more info.

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How refinancing student loans works at SoFi.

First, we’ll see if you qualify.

You can see some basic eligibility criteria for different loan types. Plus, we’ll consider other factors like your financial history, credit score, and monthly income versus expenses.

Then, you pick a loan with a competitive interest rate.

If you’re approved, you can select from flexible terms that could lower your interest or monthly payments. All with no fees required.

Don’t forget to get a discount.

For example, you could get a 0.25% interest rate discount by enrolling in autopay.1


View your rate



 Checking your rate will not affect your credit score.

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FAQs


Who should refinance their student loans?

Student loan refinancing is a great solution for working graduates who have high-interest, unsubsidized Direct Loans, Graduate PLUS loans, and/or private student loans. Federal student loans do carry some special benefits, for example, public service loan forgiveness and economic hardship programs, that may not be accessible to you after you refinance. Check out this blog post that provides more information: When to Consolidate Federal and Private Loans by Refinancing. Or, call us at 855-456-SOFI (7634) for a free consultation about your particular situation.



Is it worth it to refinance student loan?

The answer to this question depends on your specific financial situation. However, student loan refinancing may be a good option if you can qualify for a lower interest rate and/or a shorter repayment period. By reducing your rate and getting a lower monthly payment term, you’ll owe less interest over the life of the loan and save money in the long run.



Can I refinance both federal and private student loans?

Yes, SoFi will consolidate all qualified education loans.



Am I a good candidate to refinance my student loans with SoFi?

SoFi aims to revolutionize financial services—ultimately improving the system for everyone. Today, we’re able to offer significant savings and flexibility to US citizens or permanent residents who have graduated from a selection of Title IV accredited university or graduate programs, are employed, have a sufficient income from other sources, or hold a job offer with a start date within 90 days, have a responsible financial history, and a strong monthly cash flow.



What is the difference between consolidating and refinancing student loans?

Student loan consolidation is when you combine multiple loans into one single loan. Student loan refinancing, on the other hand, is when you get a new loan at a new interest rate and/or a new term. You can refinance both federal and private loans. Learn more here.


What’s the difference between fixed and variable rate loans?

Fixed rate loans are loans that have an interest rate that does not change over the life of a loan, which means you pay the same amount each month. It also means you know with certainty the total interest that you’ll pay over the life of the loan. Fixed rate is a general term that can apply to different types of loans with a variety of uses, including student loans, mortgages, auto loans, and unsecured personal loans.

Variable rate loans are loans that have an interest rate that will fluctuate over time in line with prevailing interest rates. Sometimes they are also known as floating-rate loans.

Find more info on Fixed vs. Variable Rate Loans.




Where can I find more information about student loans in general?

Deciding how to best handle your student loan refinancing can be an intimidating process. That’s why we’ve put together our Student Loan Help Center to give you guidance on existing student loan payments, refinancing, budgeting, and common terminology so you can feel more confident in your journey to becoming debt free.



How will applying impact my credit score?

To check the rates and terms you qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull. Learn more here.



What are the differences in refinancing federal vs. private loans?

When you refinance your federal student loans, you’ll have a new private loan, and private loans are not eligible for federal programs and benefits, but it could be a good option if your goal is to lower your monthly payments or get a lower rate. Once federal loans are refinanced into private loans, they can’t be converted back, so it’s important you consider all your options. Learn more here.



What’s the difference between an APR and an interest rate?

Your interest rate includes the interest percentage you will be charged for taking a loan out, accrued on a daily basis, and does not include any other fees. An APR is the sum of the interest rate plus extra fees and expressed as a percentage.


See all FAQs

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Tips and resources for
student loan refinancing.







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Get help from a human.

Ask questions and get help every step of the way from our live customer support team.

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6 Signs It’s Time to Leave Your Job

By Jane Bianchi

If you’re groaning because your boss just gave you yet another pointless assignment with an unreasonable deadline, you might think, “My job sucks, but all jobs do. Work is work, so I better just deal with it.”

And sure, every job has its downsides. But how do you know when things are getting so bad that it’s time to quit?

One major red flag is when the work doesn’t matter to you at all. “Fundamentally, we’re wired for meaning. When we are in a role that isn’t aligned with things that we really care about or the things that we’re really good at, we suffer,” says Valerie Olson, Senior Career Coach at SoFi.

Another is realizing that your dissatisfaction at work is making you sad, irritable, or angry, not only at the office—but also at home. “Work bleeds into the rest of your life. If you’re unhappy during the day, it’s going to impact your friendships and your relationships,” says Alexandra Dickinson, Member Strategy Lead at SoFi.

Sound familiar? Check out these six other subtle signs from Olson and Dickinson that it’s time to start job-hunting.

Read more

6 Steps to Take When You Can’t Figure Out Your Next Career Move

By Katie Wolf

Something needs to change. Maybe you don’t feel fulfilled anymore, you can’t stand your boss, or you’re bored with your industry. Maybe you were laid off, and you have no choice but to make a change. Whatever the situation, you’re starting to plot your next career move.

It’s an exciting place to be—the possibilities are endless! But when you’re not exactly sure what you want, it’s also disconcerting. How can you be sure you’re making the right decision?

SoFi career coaches Alexandra Dickinson and Gabby Bill recommend stepping away from the job boards for a second and taking the time to think about your next move strategically. Start with these six steps.

Read more

Personal Loan – Home Improvement – Joist (BD)

Pay off debt quicker with a debt consolidation loan.

Are you paying more than 10% interest on your credit cards? A SoFi Personal Loan could help you save thousands. With low rates and a fixed monthly payment, you can pay off high interest debt, like credit cards, or make a major purchase. It only takes minutes to apply.

Fixed rates start at (with Autopay)5
8.74% APR

No origination fees in most states, no prepayment penalties.

Find My Rate

Checking your rate will not affect your credit score.

Why SoFi?

Serious
Savings

Borrow from $5k-$100k at fixed rates that range from 8.74% APR to 35.49% APR (with all discounts)5, 7

No Fees.
No Catch.

No origination fees or pre-payment penalties. What you see is what you get.

Exclusive
Rates

Get a 0.125% rate discount✝︎✝︎ on an additional SoFi loan—just for being a member.

Find My Rate

So Easy

Find Your Rate

Get pre-qualified online with no hidden fees and no obligation.

Select Your Loan & Apply

Choose the loan that works for you and complete your application.

Sign electronically and receive your funds

Sign your documents and funds are deposited to your account.


Get Started

Payment Examples

Fixed Rate Loans

Term Origination
Fee
Rate
(APR)
No. of
Payments
Monthly
Payment
Total
Payments
2 Years None 8.74% – 35.49% 24 $1,366.97 – $1,763.32 $32,807.19 – $42,319.74
3 Years None 10.08% – 35.49% 36 $969.14 – $1,365.41 $34,889.14 – $49,154.90
4 Years None 10.93% – 35.49% 48 $774.35 – $1,178.04 $37,168.62 – $56,545.80
5 Years None 12.16% – 35.49% 60 $669.76 – $1,074.14 $40,185.69 – $64,448.26
6 Years None 13.16% – 35.49% 72 $604.76 – $1,011.27 $43,542.68 – $72,811.45
7 Years None 13.49% – 35.49% 84 $553.78 – $971.20 $46,517.72 – $81,581.10

< Back to Personal Loans

Questions? Call us for a free consultation at 855-456-7634

Find My Rate

Read more

Student Loan Refinance – BD Gilt $200 Bonus

Refinance Student Loans

Save thousands on your student loans.

Find My Rate

Checking your rate will not affect your credit score.

Welcome Gilt City Members

Apply through this page to receive
your $200 bonus when you refinance.

$47 billion+
in refinanced student loans
550,000+
members who’ve refinanced
98%
would recommend SoFi to a friend4.

Pick the loan that works for you.

Save on your student loans by choosing between a range of rates and terms. No prepayment penalties and no hidden fees. Ever.

Fixed Rate

Rates available from 4.24% APR to 9.99% APR when you enroll in AutoPay.1

Variable Rate

Rates start from 5.99% APR to 9.99% APR when you enroll in AutoPay.1

Investing in people who
invest in themselves.

How it works:

The student loan refinancing process is fast, easy, and can be done entirely online.

New Term

APR

Illustrative
Lifetime Savings

5-year

4.03%

$13,680

7-year

4.57%

$16,963

10-year

4.98%

$15,511

View Payment Examples
SoFi offers a range of terms and rates—so yours are going to look different from this illustrative chart, which is just something designed to show you what the SoFi app looks like.

Get pre-approved online in just two minutes.

We’ll let you know if you’re qualified before you finish the full application.

Select your rate and term.

Choose between saving on your monthly payment or saving on total student loan interest.

Verify your info and sign.

Upload screenshots of your information, then sign your paperwork electronically.

Switch to one low-rate monthly payment.

We pay off your servicer(s) and issue you one new student loan.

Find my rate

It takes only two minutes and
won’t affect your credit score.

Common questions

Q: Who should refinance?

+

Refinancing is a great solution for working graduates who have high-interest, unsubsidized Direct Loans, Graduate PLUS loans, and/or private loans. Federal loans do carry some special benefits, for example, public service forgiveness and economic hardship programs, that may not be accessible to you after you refinance. Check out this blog post that provide more information: When to Consolidate Federal and Private Loans by Refinancing. Or, call us for a free consultation about your particular situation.

Q: Can I refinance both federal and private student loans?

+

Yes, SoFi will consolidate all qualified education loans.

Q: Am I a good candidate to refinance my student loans with SoFi?

+

SoFi aims to revolutionize financial services- ultimately improving the system for everyone. Today, we’re able to offer significant savings and flexibility to US citizens or permanent residents who have graduated from a selection of Title IV accredited university or graduate programs, are employed, has a sufficient income from other sources, or hold a job offer with a start date within 90 days, have a responsible financial history, and a strong monthly cash flow.

Q: What is the difference between consolidating and refinancing?

+

Q: What is a direct consolidation loan?

+

A Direct Consolidation Loan is a government program that allows you to combine multiple federal education loans into a single loan. The resulting interest rate is a weighted average of your prior loan rates. Refer to https://www.sofi.com/consolidate-student-loans-vs-refinance/ for more information.

Q: What’s the difference between fixed and variable rate loans?

+

See FAQs

SoFi in the news

CNN Money

“This lender offers free drinks, yoga, and matchmaking with its loans.”

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NYT

“SoFi [also] provides career counseling, wine tastings and home-buying workshops.”

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Speed matters. Which is why you can check loan rates or start investing online—in just minutes.

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