SoFi Blog

Tips and news—
for your financial moves.

Registration Page | Personal Loans | Debt Consolidation

Conquer your high-interest credit
cards with a SoFi Personal Loan.



  • Same day funding on $5K to $100K*



  • No fees required



  • We can pay off your credit cards directly

Already registered? Log in for a faster application.

Conquer your high-interest credit
cards with a SoFi Personal Loan.



  • Same day funding on $5K to $100K*



  • No fees required



  • We can pay off your credit cards directly

Already registered? Log in for a faster application.


✝ 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 and may affect your credit.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or other eligible status, be residing in the U.S., and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates reserved for the most creditworthy borrowers. If approved, your actual rate will be within the range of rates at the time of application and will depend on a variety of factors, including term of loan, evaluation of your creditworthiness, income, and other factors. If SoFi is unable to offer you a loan but matches you for a loan with a participating bank, then your rate may be outside the range of rates listed above. Rates and Terms are subject to change at any time without notice. SoFi Personal Loans can be used for any lawful personal, family, or household purposes and may not be used for post-secondary education expenses. Minimum loan amount is $5,000. The average of SoFi Personal Loans funded in 2022 was around $30k. Information current as of 12/14/25. SoFi Personal Loans originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org). See SoFi.com/legal for state-specific license details. See SoFi.com/eligibility-criteria for details and state restrictions.

Fixed rates from 8.74% APR to 35.49% APR reflect the 0.25% autopay interest rate discount and a 0.25% direct deposit interest rate discount. SoFi rate ranges are current as of 12/14/25 and are subject to change without notice. The average of SoFi Personal Loans funded in 2022 was around $30K. Not all applicants qualify for the lowest rate. Lowest rates reserved for the most creditworthy borrowers. Your actual rate will be within the range of rates listed and will depend on the term you select, evaluation of your creditworthiness, income, and a variety of other factors.

Loan amounts range from $5,000– $100,000. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0%-7%, which will be deducted from any loan proceeds you receive.

Autopay: 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. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.Autopay is not required to receive a loan from SoFi.

Direct Deposit Discount: To be eligible to potentially receive an additional (0.25%) interest rate reduction for setting up direct deposit with a SoFi Checking and Savings account offered by SoFi Bank, N.A. or eligible cash management account offered by SoFi Securities, LLC (“Direct Deposit Account”), you must have an open Direct Deposit Account within 30 days of the funding of your Loan. Once eligible, you will receive this discount during periods in which you have enabled payroll direct deposits of at least $1,000/month to a Direct Deposit Account in accordance with SoFi’s reasonable procedures and requirements to be determined at SoFi’s sole discretion. This discount will be lost during periods in which SoFi determines you have turned off direct deposits to your Direct Deposit Account. You are not required to enroll in direct deposits to receive a Loan.

* Same-Day Personal Loan Funding: 82% of typical SoFi personal loan applications, excluding Direct Pay personal loans and personal loan refinance, from January 1, 2022–January 1, 2023 that were signed before 7pm ET on a business day were funded the same day.


Read more

SoFi at Work Parents of College Bound Students – Offer


PRIVATE STUDENT LOANS

Your student loan rate may
be lower than you think.


From undergrad to postgrad, SoFi at Work has your back with flexible repayment terms, competitive rates, and 100% of school-certified costs covered. Plus, you could qualify for a $250 principal paydown1 when you apply today—just make sure you apply through this page to get this benefit.


View your rate


Checking your rate will not affect your credit score.

PRIVATE STUDENT LOANS

Your student loan rate may be lower than you think.


From undergrad to postgrad, SoFi at Work has your back with flexible repayment terms, competitive rates, and 100% of school-certified costs covered. Plus, you could qualify for a $250 principal paydown1 when you apply today—just make sure you apply through this page to get this benefit.


View your rate


Checking your rate will not affect your credit score.

Why choose a SoFi private student loan?

Easy online application process.

Prequalify for a SoFi Private Student Loan in minutes. And if you add a cosigner, you might improve your chances of getting approved for a low interest student loan.

No origination or late fees.

What you see is what you pay back with a private education loan from SoFi.

Rewards points to help pay down your student loan.

Easily earn rewards points2 by checking your credit score and more. Then, redeem them toward your student loan.

Good grades bonus.

With a SoFi Private Student Loan, you could earn rewards for good grades after each term—up to a $250 cash bonus to your SoFi Checking and Savings account for a 3.0 or higher GPA.3

Repay your way.

Select private education loan interest rates and monthly payments to fit your budget.

Rate discounts.

Returning in-school borrowers are eligible for additional 0.125% rate discounts.4

SoFi has private student loans
for your education.

We offer loans for college students at all stages of their academic career.
Whether you’re just starting as an undergrad or going for a medical degree, we have you covered.



Private loans for college, without the hassle. See private student loan rates for undergrads in minutes—with tips along the way.

View your rate.

}
heading=”Undergraduate loans”
topRightPillClassName=””
topRightPillText=”1 / 6″
/>


Get competitive-APR private loans to pay for college, with flexible repayment plans for qualified parents (and sponsors), too.

View your rate.

}
heading=”Parent loans”
topLeftImg={{
alt: ”,
src: ”,
srcSet: ”
}}
topRightPillClassName=””
topRightPillText=”2 / 6″
/>


Focus on grad school, not debt, with competitive private student interest rates for grads—including certificate programs.

View your rate.

}
heading=”Graduate loans”
topLeftImg={{
alt: ”,
src: ”,
srcSet: ”
}}
topRightPillClassName=””
topRightPillText=”3 / 6″
/>


Get competitive private student loan rates for business school as you advance your career.

View your rate.

}
heading=”MBA loans”
topRightPillClassName=””
topRightPillText=”4 / 6″
/>


Pay for law school with our premium, variable- or fixed-rate private student loans.

View your rate.

}
heading=”Law school loans”
topLeftImg={{
alt: ”,
src: ”,
srcSet: ”
}}
topRightPillClassName=””
topRightPillText=”5 / 6″
/>


Doctors, nurses, and others who answer the call of medicine deserve great private student loan interest rates.

View your rate.

}
heading=”Health professions loans”
topLeftImg={{
alt: ”,
src: ”,
srcSet: ”
}}
topRightPillClassName=””
topRightPillText=”6 / 6″
/>


Choose a private student loan with great rates.

With private student loan interest rates, it’s good to have options. That’s why SoFi offers low fixed or variable interest rates. Here’s more about our private student loans:

  • Get covered for up to 100% of school-certified costs including living expenses, books, food, and more.

  • Our student loans apply to bachelor’s degrees or higher. And we cover graduate certificate programs, too.

  • We have loans for students entering fall, spring, and summer terms.


View your rate

How do SoFi Private Student Loans work?


  • Enter info.

    Apply for your student loan online by providing basic info and inviting a cosigner to the application (we recommend it!)

  • Check out rates and terms.

    View your rate options and estimated monthly payment, then select your loan terms.

  • Fund your private student loan.

    Sign your loan, wait for your school’s approval, and then it’s time to hit the books! Getting online student loans couldn’t be easier.


View your rate

Bottom line: Help starts with a phone call at 855-456-SOFI (7634) Mon.–Thu. 5am–7pm PT, and Fri.–Sun. 5am–5pm PT. An agent with safe and secure screen-share capabilities can answer questions and walk you through the process.

Read more

SoFi at Work Parents of College Bound Students – Webinar

{/* Preparing for College LP 3/4/24 */}


PREPARING FOR COLLEGE

College financing?
We’re here to help.

Don’t miss this empowering 4-part webinar series
from SoFi at Work that focuses on financing college. Whether it’s navigating FAFSA® or merit scholarships, or appealing financial aid packages, you’ll walk away with greater confidence.

{/* Get answers to your most important college financing questions. */}

Get answers to your most important
college financing questions.

Are you confused about FAFSA®? Do you qualify for merit scholarships? Is your financial aid package as good as it should be? This 4-part webinar series gets you answers to these questions—and more. 



Watch now

}
heading=”FAFSA® Changes: What You Need to Know for the 2024-25 Academic Year”
topRightPillClassName=””
topRightPillText=”1 / 4″
/>


Watch now

}
heading=”What Merit Scholarships Are and How to Find Them”
topRightPillClassName=””
topRightPillText=”2 / 4″
/>

Watch now

}
heading=”Evaluating College Acceptances and Appealing Financial Aid and Merit Scholarships”
topLeftImg={{
}}
topRightPillClassName=””
topRightPillText=”3 / 4″
/>

Watch now

}
heading=”Financing Your Student’s Education”
topLeftImg={{
}}
topRightPillClassName=””
topRightPillText=”4 / 4″
/>

{/* Explore the Preparing for College Resource Guide. */}

Explore the Preparing for College Resource Guide.

Our guide offers you even more detailed info about financing college. You can explore more options here, plus schedule a free appointment with a college financial planning specialist.


Download guide

{/*horizon top*/}

{/* You could win $2500 for college */}

SOFI SCHOLARSHIP GIVEAWAY

You could win $2,500
for college costs.^

That’s right. All you have to do is enter each month for a chance to win. Make sure you register with SoFi (if you haven’t yet), or just log in to your account. So you don’t miss a chance to win, we’ll notify you each month when you can enter the SoFi Scholarship Giveaway.


Enter now

^NO PURCHASE NECESSARY. Open only to legal residents of the 50 United States (D.C.), 17 years of age and older who are enrolled/accepted to attend a Title IV, accredited non-profit 4-year public or private college/university/grad program in the 50 U.S./D.C. (“School”) during the Sweepstakes Period. If you are not yet a member of SoFi you will need to do so for free before participating. Void where prohibited by law. Sweepstakes begins at 12:00 am ET on 1/1/24 and ends at 11:59:59 pm ET on 12/31/24. Subject to full Official Rules incl. Monthly Entry Periods, prizes, and odds, click here. Sponsor: Social Finance, LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.

Read more

University of Washington – Seattle Tuition and Fees


University of Washington – Seattle Tuition and Fees

University of Washington - Seattle Tuition and Fees

On this page:

    By Kelly Boyer Sagert

    (Last Updated – 06/2025)

    The University of Washington (UW) in Seattle is a leading public research university founded in 1861. Located in the heart of Seattle, it offers a vibrant campus with stunning views of Mount Rainier and nearby Lake Washington. UW is renowned for its innovation, academic excellence, and strong tie to tech industries, attracting students and faculty from around the world.

    Total Cost of Attendance

    The University of Washington (UW) tuition in 2024-25 for state residents was $12,973. This is slightly higher than the national average of $11,260 for in-state tuition at public universities. For residents of other states, UW tuition was $43,209, which is well above the national average for out-of-state tuition of $29,150.

    Tuition, however, is only part of the total cost of attending college. Here’s a look at other expenses students can expect when attending the University of Washington.

    Costs for 2024-25

    Student Type

    In-State

    Out-of-State

    Tuition & Fees

    $12,973

    $43,209

    Books & Supplies

    $1,480

    $1,480

    Room & Board (on campus)

    $18,405

    $18,405

    Other Expenses

    $3,027

    $3,027

    Total Cost of Attendance

    $35,305

    $65,541

    Financial Aid

    A little over half of undergraduates (55%) receive some form of financial aid to help cover the UW tuition and other costs. This may be scholarships, grants, or student loans, or a combination of these.

    Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who 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, or financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit 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 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 on databases such as:

    •  US Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    •  SoFi Scholarship Finder – Use our handy tool to streamline your search by award type, location, level of study and more.

    Private Student Loans

    Many undergraduates tap student loans to help pay the University of Washington tuition and other costs: 19% take out federal loans and 1% get private student loans (with an average amount of $18,848).

    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, since 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: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    The University of Washington cost of attendance for four years — including tuition and fees, room and board, books, and other expenses — is $141,220 for in-state students (based on 2024-25 numbers). By comparison, the national average at public universities for in-state students is $115,36 for four years.

    For out-of-state residents, the four-year cost for attending UW is $262,164. This is above the national average of $186,920 for out-of-state cost of attendance.

    This student loan and scholarship information may be valuable as you research schools and costs.

    Repay student loans your way.

    Find the monthly
    payment & rate that fits your budget.

    Undergraduate Tuition and Fees

    Costs for 2024-2025

    University of Washington undergraduate tuition and fees for the 2024-25 academic years were $12,973 for in-state students, a 2.6% increase over 2023-34. The tuition and fees for out-of-state students were $43,209, a 2.9% over 2023-34.

    Graduate Tuition and Fees

    Costs for 2024-25

    •   Average graduate tuition (in-state): $17,688

    •   Average graduate tuition (out-of-state): $31,707

    •   Fees (in-state/out-of-state): $1,104

    Tuition and fees for graduate students at UW for 2024-25 averaged $18,792 for in-state students and $32,811 for out-of-state students. The average cost of graduate school tuition and fees in the U.S. is $22,430 per year.

    There are graduate loans available to help with these costs.

    Cost per Credit Hour

    If you take 15 credits per semester, the cost per credit hour at UW comes out to $432 for Washington residents and $1,440 for nonresidents.

    Campus Housing Expenses

    While UW in Seattle doesn’t require freshmen to live on campus, four out of five first-year students choose to do so. Housing options include traditional residence halls and fully furnished apartments located on or near campus.

    Costs for 2024-25

    •   Housing and food expenses (on/off campus): $18,405

    •   Other living expenses (on/off campus): $3,027

    Total living expenses for 2024-25 were estimated at $21,432, both for students who lived on campus as well as those who lived off campus.

    University of Washington Acceptance Rate

    Fall 2023

    Number of Applications

    Number Accepted

    Percentage Accepted

    62,428

    26,844

    43%

    The University of Washington acceptance rate is 43%, which makes the school moderately selective.

    Admission Requirements

    If you’re interested in applying to UW as a freshman, here are the steps involved:

    Required:

    •   Fill out the application (using ApplyWeb or the Common App).

    •   Self-report your courses (a minimum level of preparation in six subject areas must be met for admission).

    •   Complete UW essay questions (the Common App personal essay is not reviewed).

    •   Provide additional information about yourself or your circumstances (optional).

    •   Choose your major.

    •   Send SAT or ACT scores (optional)

    •   Pay a nonrefundable application fee of $80

    Applications for the Fall semester are due November 15; the notification period is March 1-15. The UW does not participate in early decision or early action admission.

    SAT and ACT Scores

    The UW admission process is primarily test-blind. This means that when reading your application, the reviewers will not see your test scores, if provided. However, high test scores (1400 or above on the SAT and 31 or above on the ACT) may be considered for a handful of students who may not otherwise be admitted.

    Graduation Rate

    The vast majority of UW students complete their degree in four years. But some students take longer. Here are the graduation rates for students who began at the school in 2017.

    •  4 years: 71%

    •  6 years: 84%

    Post-Graduation Median Earnings

    On average, UW graduates earn an annual salary of $89,000. This is higher than the average projected starting salary for the class of 2025 at the bachelor’s degree level, which is $68,680.

    Bottom Line

    The University of Washington in Seattle consistently ranks highly among national universities, both public and private. For in-state students, UW is also generally considered a good value. Out-of-state tuition can be significantly higher, though, potentially making it less cost-effective compared to other institutions. Fortunately, students who need help covering the University of Washington tuition and other costs may qualify for financial assistance in the form of grants, scholarships, and federal 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.


    Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

    View Your Rate

    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.


    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-Q225-089

    Read more
    TLS 1.2 Encrypted
    Equal Housing Lender