Financial Aid Officers
PRIVATE STUDENT LOANS
Here to help colleges and universities as much as your students.
We share a common mission—to help students get the funding for the education they deserve. That’s why we’ve created a one-stop shop to give you all the information you need, right here.
To improve the lives of students,
we’re constantly improving our product.
We are always trying to find new ways to make the student loan process smoother for students and financial aid officers.
Trusted long-term partner.
With over 10M members and 4.5 stars on Trustpilot, SoFi is a trusted partner for students and parents on their borrowing journey. SoFi offers access to live, personalized support 24/7.
Simple & straight forward process.
SoFi’s online application is simple! Students can check their rate in only a few minutes. From there, they can manage their loans entirely online.
Flexible options to fit the student’s needs.
SoFi offers a variety of rate & term options that gives parents and students the flexibility to select what best fits their financial situation.
Access to financial tools and resources.
SoFi offers extensive financial literacy tools and resources to support families on their college journey.
We know student loans.
51%
of borrowers choose to make
payments in school.*
80%
choose 10-year or less
repayment terms.**
2,100+
schools in SoFi’s network.
Loans that work for your students’ needs.
Undergraduate Loans
SoFi helps undergrads pay for college without the hassle. See rates and terms in just minutes—and get access to tips, tools, and resources along the way.
Graduate Loans
Go to grad school and focus on your degree—not your debt. SoFi helps graduate students get low-rate loans and pay them back on their own terms.
Law Loans
Now future lawyers can pay for law school with premium, low-rate loans offered by SoFi.
MBA Loans
Now tomorrow’s leaders of industry can pay for business school with premium, low-rate loans offered by SoFi.
Parent Loans
Parents rejoice: now you can pay your child’s tuition with a flexible, low-rate parent loan. SoFi’s application is quick and easy—and the repayment plans are flexible.
Health Professions Loans
Future healthcare pros answering the call of medicine―let us be your ally as we support you through graduate school, and well beyond.
See all eligibility criteria here →
We support multiple certification and disbursement methods.
SoFi works with all processing providers.
Certification
ELM
SCHOLARNET™
iLINK™
SoFi Certify
Disbursements
ELM NDN
SCHOLARNET™ CDS
iLINK™ CDS
SoFi EFT
SoFi Check
FAQs
Be sure to check back regularly for new content.
Do you know what scholarships you can get?
The amount of scholarships, fellowships, and grants out there can feel overwhelming. Streamline your options with the Scholarship Search tool.
Your SoFi contacts:
Find your Campus Relationship Director or contact our Campus Relationship Team.
Campus Relationship Director
Your partner who can answer any questions about SoFi’s products and benefits. Email us at the address below and we’ll reply with your state’s director.
[email protected]
Customer Relationship Team
Your single source for questions regarding loans in process—from application through disbursement and servicing.
(833) 289-7634
[email protected]
Monday-Friday 9am – 7pm ET
SoFi Invest (No Nav) – SEM
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ONLINE INVESTING
All-in-one investing
that’s easy to use.
Open an account entirely online— start trading today. Trade stocks, ETFs, and more with ease.
Plus, get a bonus of up to $1,000 in stock from SoFi when you fund a new Active Investing
account.1
Trade now
1 Promotional terms: Customer must fund their Active Invest account with at least $50 within 30
days of opening the account. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.
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No commissions on trading stocks or ETFs.2 Other fees apply.
Expansive investment options including Alternatives.6
Customized portfolio built for your goals with Automated Investing.3
IRAs with 1% match on 401(k) rollovers.4
IPO offerings before they trade on an exchange.5
Access personalized advice from a credentialed financial planner.
Active Invest offered by SoFi Securities, LLC. Automated investing offered by SoFi Wealth, LLC.
{/* Prepare for your retirement with SoFi.*/}
Prepare for your retirement with SoFi.
Discover the benefits of opening an Active IRA with SoFi Securities and see how it can help you
achieve your retirement goals.
-
Boost your IRA with a 1% match.
Reimagine what your retirement can do for you with a 1% match on rollovers to your SoFi Traditional or Roth IRA4—even without an employer plan.
-
Diverse investment options.
Access a wide range of investment options including stocks, ETFs, alternative investments, and
more. -
Professional advice at no additional cost.
Need investment advice? Our financial planners can help based on your unique needs. And you
don’t need thousands of dollars to speak to a planner at SoFi—all members get a complimentary
30 minute introductory session. -
No commission or minimums.
With SoFi Active Invest, there are no maintenance fees, no commissions, and no minimum
contributions or balances, meaning no extra cost to you. Other fees apply.
Open an account
4Terms and conditions apply. Roll over a minimum of $20K to receive the 1% match offer. Matches on contributions are made up to the annual limits.
Ready for a user-friendly
investing experience?
Trade now
Student Loan Refi – Rate Discount .5%
Fixed interest rates start
at 3.74% APR* (with autopay and partner discount).
Refinancing your student loan could help save you a ton of money, and you can save even more with a 0.5%1 rate discount exclusively available as a partner with SoFi.
View my rate
Checking your rate will not affect your credit score.✝︎
Choose from low fixed or variable rates.
Why SoFi?
View my rate
Serious savings
Save thousands of dollars thanks to flexible terms and low fixed or variable rates.
Fast, easy, and all online
Simple online application and access to live customer support 7 days a week.
No hidden fees, no catch
No application or origination fees. No pre-payment penalties.
Access to member benefits
SoFi members get financial advice, and more—all at no cost.
Named a Best Student Loan Refinance Company by U.S. News and World Report.
$50 billion+
in refinanced student loans
582,000+
members have refinanced their student loans
98%
of surveyed members would recommend SoFi to a friend 3
How it works
Get pre-qualified online.
We’ll let you know if you’re qualified before you complete the full application.
Select your rate and term.
Choose between saving on your monthly payment or saving on total student loan interest.
Get your new loan.
Upload screenshots of your information, then sign your paperwork electronically. Then we’ll pay off your servicer(s) and issue you one new student loan.
View my rate
FAQs
Who should refinance?
Refinancing is a great solution for working graduates who have high-interest, unsubsidized Direct Loans, Graduate PLUS loans, and/or private loans. Federal loans do carry some special benefits, for example, public service forgiveness and economic hardship programs, that may not be accessible to you after you refinance. Check out this blog post that provide more information: When to Consolidate Federal and Private Loans by Refinancing. Or, call us for a free consultation about your particular situation.
Can I refinance both federal and private student loans?
Yes, SoFi will consolidate all qualified education loans.
Am I a good candidate to refinance my student loans with SoFi?
SoFi aims to revolutionize financial services—ultimately improving the system for everyone. Today, we’re able to offer significant savings and flexibility to US citizens or permanent residents who have graduated from a selection of Title IV accredited university or graduate programs, are employed, has a sufficient income from other sources, or hold a job offer with a start date within 90 days, have a responsible financial history, and a strong monthly cash flow.
What is the difference between consolidating and refinancing?
Student loan consolidation is when you combine multiple loans into one single loan. Student loan refinancing, on the other hand, is when you get a new loan at a new interest rate and/or a new term. You can refinance both federal and private loans. Learn more here.
What’s the difference between fixed and variable rate loans?
Fixed rate loans are loans that have an interest rate that does not change over the life of a loan, which means you pay the same amount each month. It also means you know with certainty the total interest that you’ll pay over the life of the loan. Fixed rate is a general term that can apply to different types of loans with a variety of uses, including student loans, mortgages, auto loans, and unsecured personal loans.
Variable rate loans are loans that have an interest rate that will fluctuate over time in line with prevailing interest rates. They generally have lower starting interest rates than fixed rate loans, but the interest rate and payment amounts can change over time. Sometimes they are also known as floating rate loans.
Learn more at https://www.sofi.com/fixed-vs-variable-rate-loans/
Where can I find more information about student loans in general?
Deciding how to best handle your student loan obligations can be an intimidating process. That’s why we’ve put together our Student Loan Help Center to give you guidance on payments, refinancing, budgeting, and common terminology so you can feel more confident in your journey to becoming debt free.
See all FAQs
More articles and resources
View your rate in just two minutes.
View my rate
Launching a Side Hustle: Things to Keep in Mind
Between student loans, rent, utilities, groceries, and food—expenses can add up quickly. If your regular paycheck seems to disappear in a hurry every month, it may be time to find a side hustle to boost your income. According to a 2017 report , more than 44 million Americans have found a side hustle to boost their bottom line.
With most side hustles, you’re able to customize your schedule which can give you the flexibility you need when you’re already working a full-time gig. And with a bit of leg work, you can find a side hustle that falls in line with your passions and gives you a sense of pride and fulfillment that you may not be getting at your full-time job.
Read more
Should You Make Big Purchases While in School?
When your grad school roommate gets a new TV, it can be tempting to make a similar purchase for yourself. After all, it might be the first time you’re really on your own and starting your life as an independent adult.
Perhaps you have more money at yourb disposal than you ever have by working part-time jobs or summer gigs. Or maybe you’re combining your life with a partner or starting to have kids, and you need to accommodate your growing family.
Read more
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