Jan
10
2022
Cloud Stocks Down to Start 2022
Despite gains over the past several years, cloud software stocks have come under pressure recently due to rising interest rates.
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SoFi Blog
Tips and news—
for your financial moves.
Jan
10
2022
GameStop Is Creating an NFT and Crypto Division
GameStop is expanding into buying, selling, and trading video game NFTs, looking to diversify its business model.
Read moreJan
10
2022
The Week Ahead on Wall Street
Inflation data will be front and center this week with consumer and producer reports due on Wednesday and Thursday, respectively.
Read moreJan
08
2022
SoFi At Work Holistic Education
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TUITION REIMBURSEMENT
Offering education assistance programs has never been easier.
SoFi at Work’s education assistance program (EAP) platform is a one-stop shop for streamlining beneficial contribution programs including tuition reimbursement, tuition assistance, and student loan repayment, as well as financial well-being educational resources.
Download overview
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Looking for your SoFi at Work
benefits or discounts?
Visit your employer’s or association’s
SoFi at Work Portal.
Get help
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Looking for your SoFi at Work
benefits or discounts?
Visit your employer’s or association’s
SoFi at Work Portal.
Get help
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How SoFi at Work can help you reduce employee stress.
We can help empower your employees’ financial lives—from past debts, current expenses, and future costs. Here’s how.
Student loan repayment
‡
You can help alleviate employees’ student loan debt burden by contributing payments to their outstanding loans.
The SoFi at Work 529 Saving and Selection Tool
Employees can use our 529 Savings and Selection Tool to choose a tax-advantaged college savings plan. Contributions to a 529 plan involve investment risks.
Tuition reimbursement
Your employees can pick eligible educational coursework and submit it for full or partial reimbursement from your company.
Exclusive perks
Through SoFi at Work, employees can enjoy rate discounts on student refi and other loans, cash bonuses, and much more.
Tuition assistance
Help offset the stress of the cost of tuition by paying a portion of employees’ educational costs up front.
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SoFi at Work makes it easy:
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End-to-end assistance and process management.
We’ll take care of everything including program applications, approvals, loan syncing and monitoring, and payment implementation.
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Seamless plan design and administration.
With SoFi’s flexible and easy admin experience, customized marketing, and ongoing support, you can be confident that you’ll deliver best-in-class education assistance benefits for your employees.
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A totally holistic approach.
Our unique platform provides a past, present, and future solution. You can help with employees’ student debt and tuition expenses, as well as invest in their or their families’ future education—all at a low cost.
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How to attract and retain great employees.
Everything you need to know about our seamless education assistance program platform is in this guide. Bottom line: It’s a low-cost solution for you that’s full of high-priority benefits for them.
Download guide
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More education benefits resources.
Here are a few additional resources about how employers are supporting employees, from student loan repayment to continuing education.
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Let’s work together.
Want to learn more about SoFi at Work? Let’s talk.
We’re committed to your privacy. By providing this information, you accept SoFi’s Privacy Policy. SoFi will use this information to contact you about the SoFi at Work Program and relevant content, products, and services. You may unsubscribe from these communications at any time.
Stand out with financial well-being benefits.
No two employees’—or companies’—needs are the same. The SoFi at Work suite of benefits helps cover every major life stage and can be customized to match your employees’ needs. From getting student loan debt under control, to planning for retirement, to saving for the unexpected, where there’s a plan, we have a solution—and the team to put it in place.
Learn more
FAQs
The new legislation modified educational assistance to include student loan payments by employers. Employers can now include loan payments along with other educational assistance that is subject to the $5,250 exclusion from employee’s income. Employers can deduct this amount, just like they were allowed to before—the only change is that loan payments can now be included. Tuition assistance and student loan payments should now be combined for purposes of calculating the $5,250 limit resulting in taxable income to the employee, the employer can deduct both the $5,250 excluded from wages and any excess that is included in wages.
No, not in addition. Employers can offer as much “educational assistance” as they wish, but only up to $5,250 per year can be excluded from an employee’s taxable income. This $5,250 total includes student loan contributions and traditional tuition assistance.
The Consolidated Appropriations Act, 2021 extended the CARES treatment of payments of student loan principal and interest by an employer to either an employee or a lender is not taxable to the employee if paid through December 31, 2025. The maximum tax-free amount is $5,250 per employee [maximum total allowed under Sec. 127] per year.
See all FAQs
Jan
07
2022
SoFi Home Loans | Mortgages and Refinancing (BD 599)
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your mortgage.
Competitive rates.
Get your dream home at a great rate.
Mortgage options to choose from.
Put as little as 5% down. For conforming home loans with a loan-to-value (LTV) greater than 80%, SoFi requires PMI.
SoFi now offers loans on investment properties.
$0 Processing Fee. $500 bonus.
Save $1,495 on your processing fee* and qualify for a $500 cash bonus‡ after your loan funds.
Exclusive Platinum Service
With your exclusive Platinum Service assess, you’ll have a dedicated mortgage loan officer ready to assist whenever you need it. Just call (844) 763-4466 or email [email protected].
Buying a home?
No need to stress. We have dedicated MLOs that can walk
you through each step so that you feel confident in the
home-buying process. Plus, get access to educational tools
and resources when you need them.
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Looking to refinance?
SoFi’s mortgage refi application process is fast and easy. Choose between a traditional refi,
cash-out refi, or a student loan cash-out refi.
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Choose the mortgage
that’s right for you:
30-year fixed1
Enjoy fixed payments that won´t change over time.
30-year term
20-year fixed2
Pay your loan off over 20 years while maintaining a constant rate and payment.
20-year term
15-year fixed3
Pay your loan off faster while maintaining a constant rate and payment.
15-year term
10-year fixed4
Pay your loan off over 10 years while maintaining a constant rate and payment.
10-year term
See your rate
Where we lend:
SoFi Lending Corp.
SoFi loans are originated through SoFi Bank, N.A., NMLS #696891 (Member FDIC), and through SoFi Lending Corp. NMLS #1121636, a lender licensed by states. SoFi Lending Corp. or an affiliate is licensed to originate mortgages in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Montana, Nebraska, Nevada, New Jersey, New Hampshire, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington, D.C., West Virginia, Wisconsin, and Wyoming. For information on SoFi Lending Corp. licenses, see Licenses.
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SoFi loans are originated through SoFi Bank, N.A., NMLS #696891 (Member FDIC), and through SoFi Lending Corp. NMLS #1121636, a lender licensed by states. SoFi Lending Corp. or an affiliate is licensed to originate mortgages in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Montana, Nebraska, Nevada, New Jersey, New Hampshire, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington, D.C., West Virginia, Wisconsin, and Wyoming. For information on SoFi Lending Corp. licenses, see Licenses.
*/}
“Austin and his team were awesome and easy to work with! Great communication and follow up. Kept us in the loop every step of the way! I would go back to Austin without question.”
“Keith and his team did an outstanding job from day 1. They went above and beyond to facilitate on time closing and funding of our mortgage. The rates we received could not be matched by any other lender.”
“Mark and his team worked very closely with us to make sure that we were comfortable with the process, understood the expectations, timeline and overall schedule.”
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Buying a home doesn’t have to be stressful. With Platinum Service, a dedicated team of mortgage loan officers will give you that extra attention so you can close your loan quickly and smoothly. Call (844) 763-4466 or email [email protected] to learn more.
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