Learn about the new SoFi member benefit that helps you compare and estimate the cost of college.

Undergraduate Student Loans

Simple student loans
that work for you.

SoFi knows student loans. Now we’re making it fast and
easy for you to pay for school as soon as you start your first semester.

Get started

Checking your rate will not affect your credit score✝︎.

A better way to pay for school.

SoFi’s helped 375,000+ grads refinance their student debt. Now we’re helping undergraduates pay for school with competitive-rate private school loans.

  • All online. All easy.

    Finish our fast and easy online application all in minutes—and add a cosigner in just a few clicks.

  • No fees. No fuss.

    No fees means no fees. That means no origination fees, no late fees, and no insufficient funds fees. Period.

  • 100% covered.

    Get peace of mind knowing SoFi will cover the full cost of attendance.

  • Save money.

    Better rates and more savings versus other private lenders.

Choose from low fixed or variable rates.

Fixed

4.23% – 11.76% APR*

with autopay

Variable

1.90% – 11.66% APR*

with autopay

Not sure which to choose?
Learn more →

Need a cosigner?

Most undergrad students have limited credit history and income. Adding a cosigner with a solid financial history and good credit may help improve your chances of loan approval—and sometimes even a lower interest rate. You and your cosigner can see what rates and terms you pre-qualify for before submitting your full application—and it won’t impact your credit score.✝︎

Learn more about choosing a cosigner.
→

SoFi student loans vs. other lenders.

Comparisons based on information obtained on lenders’ websites as of July, 2020

Repay your way.

Pick the repayment option that works for you and your budget.

Deferred

Start paying principal and interest payments six months after you leave school.

  • 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 right away.

  • Highest payment option while in school
  • Lowest overall cost option
    •

    How it works:

    1

    Apply online in just minutes.

    Get your rate fast and find out if you’re pre-qualified before you even finish the full application. Seamlessly add a cosigner 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 loan.

    Upload screenshots of your info, sign your paperwork electronically, and voilà—your work is done! We’ll handle it from here.

    FAQs

    Get started in minutes.

    Find your loan rate in just a few clicks.

    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, reside in an eligible state and meet SoFi's underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org)

    ✝︎ 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.

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