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.
✝ 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.
‡ SoFi customers (“members”) may be eligible for a Member Rate Discount on certain loan types if they meet the eligibility criteria and any other applicable terms and conditions. SoFi reserves the right to discontinue or modify the Member Rate Discount at any time and without notice. Such changes or modifications will only apply to applications begun after the effective date of the change. If you have questions, please see our FAQs.
^ Rate Match Offer: Your pre-qualified rate, and the rate match program itself, are conditional upon our verification of your application information, including verification of sufficient income to support an ability to repay. Eligible documentation of a competitor’s rate offer will be determined at SoFi’s sole discretion and must be for the same loan amount, term, and repayment type. SoFi will only match rate offers for private student loan products and will only match down to 1.0% of the rate originally offered to the borrower and will only match to the lowest rate available from SoFi. SoFi will only rate match for the following companies: Sallie Mae; Commerce Bank; M&T Bank; National Education; Regions Bank; Pen Fed; College Ave; Citizens Bank; Discover; MEFA; PNC; Nelnet; Earnest; Union Federal; Custom Choice; AAA. The match will be on the rate, exclusive of all discounts. To receive the Rate Match, you must: (1) register and/or apply for a private student loan (2) provide documentation of an eligible competitive rate offer; (3) call at (855) 456-SOFI (7634) or Chat and follow the instructions to send in your proof of lower rate; (4) meet SoFi’s underwriting criteria and book a private student loan with SoFi. Additional terms and conditions may apply. SoFi may discontinue this program at any time.
* Total value of partner offered benefits is estimated based on publicly advertised cost of comparable service offered by each partner as of 07/09/2021. Partner-offered benefits are not available to residents of Ohio.
● Personal Financial Fundamentals specialization on Coursera for 3 months is valued at $147 at $49 per month.
● Grammarly Premium access for 3 months valued at $60 at $20 per month for quarterly plan.
● Best of Evernote valued at $59 based on $9.99 cost of Evernote Premium for 6 months.
1 The promotional offer is for any SoFi student loan borrower who is not currently a paying subscriber of Evernote, and who is not a resident of Ohio. This is a limited time offer. The promotional offer must be redeemed before the expiration date, provided in the fulfillment email. Evernote reserves the right to modify or cancel the offer at any time. Open to U.S. residents only, and subject to Evernote’s Terms and Conditions here. Promotional offer is good while supplies last. Promotional offer is limited to one consumer and one account that is not currently a paying user of Evernote. Offer is non-transferable, has no cash value, and may not be resold. If you violate any of the offer terms, the offer will be invalid. At the end of the 6-month promotional trial, your subscription of Evernote Professional will automatically renew for a one-year term at the current price unless cancelled before the end of the 6-month trial.
3 This promotional benefit is provided at no cost to SoFi student loan borrowers with new loans that certify between June 30, 2021 and December 31, 2021. Borrowers are not eligible to activate the benefit until August 1, 2021. In order to access the benefit, the borrower must accept terms and conditions of service by Coursera. This offer expires within 11 months of issuance. Not available to residents of Ohio
4 If you lose your job through no fault of your own, you may apply for Unemployment Protection. If your loan(s) is/are in good standing at the time you request Unemployment Protection, SoFi will, upon approval, suspend your monthly SoFi loan payments and provide job placement assistance during your forbearance period. Interest will continue to accrue and will be added to your principal balance at the end of each forbearance period, to the extent permitted by applicable law. Benefits are offered in three month increments, and capped at 12 months, in aggregate, over the life of the loan. To be eligible for this assistance you must provide proof that you have applied for and are eligible for unemployment compensation, and you must actively work with our Career Advisory Group to look for new employment. See SoFi.com/faq-upp for details.
5 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. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The discount will not reduce the monthly payment; instead, the discount is applied to the principal loan balance and is intended to help pay the loan down faster. Enrolling in autopay is not required to receive a loan from SoFi.
SoFi loans are originated by SoFi Lending Corp. or an affiliate (dba SoFi), a lender licensed by the Department of Financial Protection and Innovation under the California Financing Law, license number 6054612; NMLS #1121636 (www.nmlsconsumeraccess.org). Terms, conditions, and state restrictions may apply.