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ELIGIBILITY: To be eligible to enter the World’s Easiest Scholarship (“Sweepstakes”), you must be (i) a legal resident of the 50 United States or the District of Columbia , (ii) at least 18 years of age; and (iii) enrolled in an accredited four-year, non-profit, public or private college or university within the 50 United States or the District of Columbia during the Fall 2022 semester (an “Entrant”). The following individuals are not eligible to enter or win the Sweepstakes: (i) employees of Social Finance, LLC (the “Sponsor” or “SoFi”); (ii) employees of SoFi’s respective parent company, subsidiaries, affiliated or successor companies, distributors, dealers, sales representatives, web masters/suppliers, advertising and promotional agencies, or anyone associated with the development, implementation or execution of the Sweepstakes (collectively, the “Sweepstakes Entities”); and (iii) members of the immediate families or households (whether related or not) of any of the above. For purposes of these Rules, “immediate family” shall include any spouse, biological, adoptive, or stepparent, grandparent, sibling, child or grandchild, and each of their respective spouses, regardless of where they reside. Void where prohibited or restricted by law.

SWEEPSTAKES ENTRY PERIOD: The Sweepstakes begins at 12:00:00 a.m. Eastern Time (“ET”) on September 14, 2022 and ends at 11:59:59 pm ET on October 4, 2022 (the “Sweepstakes Entry Period”).

HOW TO EARN ENTRIES IN THE RANDOM DRAWING: There are three (3) ways to earn entries:
Entry Method 1: Entrants who follow all SoFi-provided instructions to open a SoFi Checking & Savings account through either the SoFi app or at SoFi.com during the Sweepstakes Entry Period will receive one (1) entry into the random drawing. Funding of the Checking & Savings account is not required.
Entry Method 2: Entrants who refer a friend (the “Referee”) using the unique referral link assigned by SoFi will receive one (1) additional entry into the Sweepstakes if the Referee opens and funds a SoFi Checking & Savings account during the Sweepstakes Entry Period.
Entry Method 3: Entrants can enter the Sweepstakes without opening and funding an account by sending an email to [email protected] with “SoFi World’s Easiest Scholarship Sweepstakes ” in the subject line and the name of the college or university the Entrant is attending in the body of the email. Limit: Up to two (2) emails per person during the Sweepstakes Entry Period.

For the purposes of these Official Rules, a Referee is defined as a legal resident of the 50 United States or the District of Columbia age 18 or older at time of referral.

Any attempt by an Entrant to obtain more entries than the stated number of entries allowed by using multiple or different accounts, identities, registrations, logins, or any other methods will void that Entrant’s entries, and that Entrant may be disqualified. Use of scripts, macros, or any other automated system to participate or subvert the process is prohibited and will result in disqualification. In the event of an identity dispute, entry will be considered made by the registered owner of the email account used for entry. Entrants must have a valid email address. Potential winners may be required to show proof of being the authorized account holder. All entries submitted become the property of Sponsor and will not be acknowledged or returned.

WINNER SELECTION & ODDS: Winners will be randomly selected from all eligible entries received during the Sweepstakes Entry Period on or about October 7, 2022. A random drawing will be conducted by the Administrator, whose decisions are final and binding. The odds of winning are determined by the number of eligible entries received during the Sweepstakes Entry Period.

WINNER NOTIFICATION & VERIFICATION: All potential winners will be notified by email within three (3) business days of the random drawing date and may be required to complete: a) an Affidavit of Eligibility/Liability/Publicity Release; b) complete and return an IRS W-9 Form; and c) provide proof of enrollment from an accredited four-year, non-profit, public or private college or university located within the 50 United States or the District of Columbia (collectively, “Winner Verification Documents”). Winner Verification Documents must be returned within three (3) business days from the date of notification. At the sole discretion of the Sponsor, disqualification, forfeiture, or the selection of an alternate winner may result from any of the following: [1] a potential winner’s failure to respond to an email notification within three (3) business days of transmission; [2] the return of an email notification or message as undeliverable; [ [3] a potential winner’s failure to provide Sponsor with satisfactory proof of age, identity, residency, or proof of college enrollment; [4] a potential winner’s failure to execute and return an Affidavit of Eligibility/Liability/Publicity Release and/or any required document within three (3) business days of the date of notification; [5] a potential winner’s failure to claim a prize within three (3) days after he or she is confirmed as a winner; and [6] any other non-compliance with Rules. In the event of prize forfeiture, the Sponsor may, in its sole discretion, award or not award the forfeited prize to an alternate winner. Sponsor shall have no liability if notification is lost, intercepted, or not received for any reason. Sponsor is not responsible for any change in winner’s email account or other contact information after entering the Sweepstakes.

ALL POTENTIAL WINNERS ARE SUBJECT TO VERIFICATION BY SPONSOR AND ITS ADMINISTRATOR. AN ENTRANT IS NOT THE WINNER UNLESS AND UNTIL HE/SHE HAS BEEN VERIFIED AND NOTIFIED THAT THE VERIFICATION IS COMPLETE.

PRIZE DETAILS: One (1) $25,000 prize. Twenty (20) $2,500 prizes. One Hundred (100) $250.00 prizes. Total value of all prizes: $100,000.00. Limit: one (1) prize per winner/household. Each prize will be awarded directly to the winner’s SoFi’s Checking or Savings account. If a winner does not have a SoFi Checking & Savings account at time of winning, he or she can open an account for free through the SoFi appl or at SoFi.com. No substitutions, transfers or assignments of prizes permitted. Each winner will be responsible for all federal, state, local, income or any other taxes associated with prize winnings, and an IRS Form 1099 will be filed in the name of each winner for the value of the prize won. Prizes will be awarded within thirty (30) days of each winner verification.

CONSENT AND RELEASE: To the fullest extent possible in law, Entrants and any coordinating entity, and on behalf of their respective heirs, executors, administrators, legal representatives, successors and assigns (“Releasing Parties”), release, defend and hold harmless the Sweepstakes Entities and their associated companies and directors, subsidiaries, affiliated or successor companies and their respective owners, members, shareholders, officers, directors, partners, equity holders, agents, representatives, employees and all others associated with the development and execution of this Sweepstakes (collectively, “Releasees”) from and against any and all claims, actions, causes of action, suits, liabilities, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, lost profits, indirect or direct damages, consequential damages, incidental damages, punitive or exemplary damages, judgments, extent, executions, claims and demands whatsoever, in law, admiralty or equity, whether known or unknown, foreseen or unforeseen, against Releasees which any one or more of the Releasing Parties ever had, now have or hereafter can, shall or may have which in any way arise out of or result from Entrant’s participation in the Sweepstakes, acceptance or use or misuse of a prize, or resulting from any travel related activity (if determined a winner).

By entering this Sweepstakes, you as an Entrant, agree, represent and warrant that: [1] you will be bound by the Rules and SoFi’s and its Administrator’s decisions, which shall be final in all respects; [2] in the event viruses, bugs, unauthorized human intervention, or regulations of any governmental or supra-national authority, war, national emergency, accident, fire, riot, strikes, lock-outs, industrial disputes, acts of terrorism or other matters beyond the Sponsor’s reasonable control, corrupt, prevent or impair the administration, security, fairness or proper play of the Sweepstakes, that it cannot be conducted as originally planned, except where prohibited by law, Sponsor has the right, in its sole discretion, to modify the Rules or to cancel, terminate or suspend the Sweepstakes; and in such event, to select applicable winner(s) by such method as Sponsor in its sole discretion shall consider equitable; [3] the Releasees are not responsible for typographical or other errors in the offer or administration of the Sweepstakes, including but not limited to: errors in the advertising, Rules, selection and announcement of winners; [4] the Releasees are not responsible for any inability of winner to accept or use prize (or any portion thereof) for any reason; [5) the Sponsor has the right, in its sole discretion, to disqualify any individual it suspects of any of the following: (a) tampering or attempting to tamper with the entry process or the operation of the Sweepstakes; (b) violating the Rules and/or the Sponsor’s Privacy Policy; (c) violating any other terms, conditions of use and/or general rules or guidelines of any Sweepstakes property or; and (6) any attempt by any individual to deliberately undermine the legitimate operation of the Sweepstakes is a violation of these Rules as well as criminal and civil laws; and should Sponsor believe or become aware that such an attempt has been, is being, or will be made, it has the right to seek remedies and damages from any responsible individuals to the fullest extent permitted by law, including without limitation criminal prosecution.

By participating in this Sweepstakes, each Entrant expressively waives and relinquishes all rights and benefits afforded by California Civil Code 1542 and does so understanding and acknowledging the significance of this waiver. Section 1542 states as follows: “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DID NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN, BY HIM OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR THE RELEASED PARTIES.”

ARBITRATION: This Sweepstakes shall be governed by and interpreted under the laws of the State of California, U.S.A., without regard to its conflicts of laws provisions. Each Entrant hereby agrees that any all disputes, claims, causes of action, or controversies (“Claims”) arising out of or in connection with this Sweepstakes or prizes shall be resolved, upon the election by Entrant or Sponsor, by arbitration pursuant to this provision and the code of procedures of either the National Arbitration Forum (“NAF”) or the American Arbitration Association (“AAA”), as selected by Entrant. IF ARBITRATION IS CHOSEN BY ANY PARTY WITH RESPECT TO A CLAIM, NEITHER PARTY WILL HAVE THE RIGHT TO LITIGATE THAT CLAIM IN COURT OR HAVE A JURY TRIAL ON THAT CLAIM. FURTHER, NEITHER SPONSOR NOR ANY ENTRANT WILL HAVE THE RIGHT TO PARTICIPATE IN A REPRESENTATIVE CAPACITY ON BEHALF OF THE GENERAL PUBLIC OR OTHER PERSONS SIMILARLY SITUATED, OR AS A MEMBER OF ANY CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT TO ARBITRATION. EXCEPT AS SET FORTH BELOW, THE ARBITRATOR’S DECISION WILL BE FINAL AND BINDING. NOTE THAT OTHER RIGHTS THAT AN ENTRANT WOULD HAVE IF ENTRANT WENT TO COURT ALSO MAY NOT BE AVAILABLE IN ARBITRATION. ANY CLAIMS, JUDGMENTS AND/OR AWARDS SHALL BE LIMITED TO ACTUAL OUT-OF-POCKET COSTS ASSOCIATED WITH ENTERING THIS SWEEPSTAKES. EACH ENTRANT HEREBY WAIVES ANY RIGHTS OR CLAIMS TO ATTORNEY’S FEES, INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ENTRANT, WHETHER FORESEEABLE OR NOT AND WHETHER BASED ON NEGLIGENCE OR OTHERWISE. The arbitrator’s authority to resolve Claims is limited to Claims between Sponsor and any Entrant alone, and the arbitrator’s authority to make awards is limited to awards to Sponsor and Entrant alone. Furthermore, claims brought by either party against the other may not be joined or consolidated in arbitration with Claims brought by or against any third party, unless agreed to in writing by all parties. No arbitration award or decision will have any preclusive effect as to issues or claims in any dispute with anyone who is not a named party to the arbitration. Notwithstanding any other provision in these Rules and without waiving either party’s right to appeal such decision, should any portion of this provision be deemed invalid or unenforceable, then the entire provision (other than this sentence) shall not apply.

In the event there is a discrepancy or inconsistency between disclosures or other statements contained in any Sweepstakes-related materials or made by any representative of Sponsor, and the terms and conditions of these Rules, these Rules shall prevail, govern, and control.

PRIVACY: By entering the Sweepstakes, the information Entrants provide may be sent to promotional partners. Entrants may be contacted by the Sponsor and any promotional partners with future promotional offers. Information provided by Entrants to participate in this Sweepstakes is subject to Sponsor’s privacy policy located at www.sofi.com/privacy-policy.

SPONSOR: Social Finance, LLC, 234 First Street, San Francisco, CA 94105.

ADMINISTRATOR: Ventura Associates International LLC, 494 Eighth Avenue, Suite 1700, New York, NY 10001.

SEVERABILITY: The invalidity or unenforceability of any provision of these Rules shall not affect the validity or enforceability of any other provision. In the event any provision is determined to be invalid or otherwise unenforceable or illegal, these Rules shall otherwise remain in effect and shall be construed in accordance with their terms as if the invalid or illegal provision were not contained herein.

WINNERS’ LIST: For a Winners List (available after October 31, 2022), send a self-addressed, stamped envelope by October 31, 2022 to: World’s Easiest Scholarship Sweepstakes Winners’ List Request, c/o: Ventura Associates International LLC, 494 Eighth Avenue – Dept: DE, Suite 1700, New York, NY 10001.

This Sweepstakes is in no way promoted, endorsed, or administered by, or associated with any social media entity, including, but not limited to Twitter and Instagram. Any questions, comments or complaints regarding the Sweepstakes must be directed to the Sponsor or Administrator, and not to any social media entity.

$30 WELCOME OFFER: TERMS & CONDITIONS

$10 welcome offer: The following describes the terms that apply to participation in the SoFi Checking and Savings for college students promotional program (“Program”) offered by SoFi Bank, N.A. (“SoFi”). Eligible Participants: All new members who join SoFi Checking and Savings through a .edu email address during the Promotion Period. Promotion Period: The Program will be available from April 1, 2022 12:01AM ET to December 31, 2022 11:59PM PT. Bonus Terms: In order to qualify for the bonus, an Eligible Participant must then make a deposit of $10 or more within 5 days of registration. The deposit must be made via an ACH transfer from a linked bank account, or via “Instant Transfer” from a debit card (if available). P2P transfers (ACH-based P2P or debit-card based P2P from Venmo, PayPal, Apple Cash, Square Cash, etc.) are excluded. This offer cannot be combined with the SoFi Checking and Savings rate discount on a SoFi loan. SoFi will credit members who meet the qualification criteria stated above with a one-time bonus of 1000 reward points, valued at $10, deposited into their SoFi account within 14 days of qualification. Bonuses are considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable). SoFi reserves the right to exclude any Member from participating in the Program for any reason, including suspected fraud, misuse, or if suspicious activities are observed. SoFi also reserves the right to stop or make changes to the Program at any time.

$20 cash back offer: New SoFi Checking and Savings® members who sign up for an account through a .edu email address and spend at least $100 with their SoFi® Bank Debit Mastercard® between April 1, 2022 12:01AM ET to December 31, 2022 11:59PM PT can earn a one-time bonus of 2000 reward points, valued at $20. P2P transfers (ACH-based P2P or debit-card based P2P from Venmo, PayPal, Apple Cash, Square Cash, etc.) and ATM transactions are excluded. The reward points will be deposited into their SoFi account two weeks after the end of the promotional period. Bonuses are considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable). SoFi reserves the right to exclude any Member from participating in the Program for any reason, including suspected fraud, misuse, or if suspicious activities are observed. SoFi also reserves the right to stop or make changes to the Program at any time. No opt in required.

Get $30 (3,000 rewards points) when redeemed into SoFi Checking and Savings, a SoFi Invest active investing or an eligible SoFi loan. Terms and conditions apply. Learn more at SoFi.com/rewards

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See how our Home Improvement Loans compare.

Bringing out the greatness in your home calls for a great way to fund it—and you have options. But choosing to finance your next home improvement project with a SoFi Personal Loan can help keep your budget fixed without giving up your home’s equity or putting up collateral.

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‘No’,
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‘Variable’,
‘Up to your home’s equity’,
‘Yes’,
‘Yes’,
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‘12.00%—22.86% ⁶‘,
‘Up to $500’,
‘Compounding’,
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Here’s the process of getting a SoFi Home Improvement Loan:

View your rate

(without impacting your credit score)^✝︎

Home improvement loan tools,
tips, resources, and more.

Our online resource center provides you with over 500 articles, budgeting tools, and guides—all with the goal of helping you Get Your Money Right®.

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Speed matters. Which is why you can view your rate on a SoFi Home Improvement Loan in one minute—literally.

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FAQs

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✝ 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 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. 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. Loans originated by SoFi Lending Corp. or an affiliate (dba SoFi) are subject to state restrictions and may not be available in all states, such as MS; see SoFi.com/eligibility-criteria for details and state restrictions.

SoFi Lending Corp. or an affiliate is licensed by the Department of Financial Protection and Innovation under the California Financing Law License No. 6054612. NMLS #1121636 (www.nmlsconsumeraccess.org).

Personal Loan Rates and Terms: Fixed rates from 7.74% APR to 35.49% APR reflect the 0.25% autopay discount. SoFi rate ranges are current as of 2/7/26 and are subject to change based on market conditions and borrower eligibility. SoFi Personal Loans are not available to residents of MS. Interest-rate caps may be lower in some states due to legal requirements and may impact your eligibility to qualify for a SoFi loan. Minimum loan requirements might be higher than $5,000 in specific states due to legal requirements and interest-rate caps may be lower in some states due to legal requirements and may impact your eligibility to qualify for a SoFi loan. The average of SoFi Personal Loans funded in 2020 was around $32k. 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.

Subject to receipt of required documentation, underwriting guidelines, and processing time by your institution. Loans for amounts over $20,000 may require additional underwriting review time. Funds are disbursed via ACH as soon as the next business day after approval and acceptance of terms.

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.

PERSONAL LOAN INTEREST RATES AND FEES | ELIGIBILITY AND IMPORTANT DETAILS. Annual percentage rates (APRs) shown include the 0.25% autopay discount. If approved for a loan, the rates and terms offered will depend on things like creditworthiness, the length of the loan, and other factors, and will fall within the range of rates available by applicable loan term; check out our full APR examples and terms. Remember, not all applicants will qualify for the lowest rate. Want to learn more? See our eligibility criteria at SoFi.com/eligibility-criteria. SoFi reserves the right to change interest rates at any time without notice, changes would only apply to applications begun after the effective date of the change. Fixed Rates: Fixed rates range from 7.74% APR to 35.49% APR (with autopay). The SoFi 0.25% autopay interest rate reduction requires you to agree to make your scheduled monthly payments by an automatic monthly deduction (ACH) from a savings or checking account. Enrolling in autopay is not required to receive a loan from SoFi. Loan Terms: SoFi Personal Loans offer loans with a period of repayment between 2 and 7-year terms. Loan Fees: SoFi personal loans have no fees; specifically, no origination fees, no late fees, no prepayment penalties.

PERSONAL LOAN | REPAYMENT EXAMPLE. The following example depicts the APR, monthly payment and total payments during the life of a $30,000 personal loan with a 2-year repayment term, a 0.25% autopay discount, and a fixed rate between 7.74% APR to 35.49% APR. It works out to 24 monthly payments ranging from $1,353.26–$1,763.32 for a total amount of payments ranging from $32,478.34–$42,319.74. This repayment example assumes that the borrower is signed up for autopay and that all payments are made on time, with no pre-payments. Actual rates may vary based on repayment term, loan amount, creditworthiness, and other terms and conditions. SoFi does not offer variable rate personal loans. State restrictions may apply.

* Same-Day Personal Loan Funding: 86% of typical SoFi Personal Loan applications, excluding Direct Pay Personal Loans and Personal Loan refinance, from January 1, 2021 to December 1, 2021 that were signed before 7pm ET on a business day were funded the same day.