Who is eligible for Unemployment Protection?

SoFi personal loans may be eligible for Unemployment Protection Assistance, provided the loans are in good standing. “Good standing” means that you are currently and have been historically abiding by the terms of your loan agreement. Mortgage loans are not eligible for Unemployment Protection.

To qualify for this assistance you must:

• – Be a current SoFi member
• – Have an eligible loan for at least 9 months that is in good standing
• – Loan balance of $3,000 or greater

If you have a funded Personal Loan, you can apply for Unemployment Protection via your SoFi account by calling 844-975-7634.

If you have a SoFi Student Loan Refinance, and/or in-school product, serviced by MOHELA, you will need to apply for the Unemployment Reduced Repayment Option with MOHELA directly by calling 877-292-7470. Additional eligibility criteria and requirements may apply.