Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student’s at least half-time enrollment in a degree program at a SoFi-participating school and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 2/22/23 and is subject to change.

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 Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891. (www.nmlsconsumeraccess.org). Terms and conditions apply.

^ No purchase necessary. Visit SoFi.com/Scholarship to view Official Rules for further details, including monthly drawing deadlines. Ends: 12/31/23. Open to SoFi members who are 18+ US residents of and attending a 4-year college in 50 U.S. states (+ DC). Void where prohibited by law.

^SOFI SCHOLARSHIP GIVEAWAY

OFFICIAL RULES

The SoFi Scholarship Giveaway (the “Giveaway”) begins at 12:00:00 AM Eastern Time (“ET”) on January 1, 2023 and ends at 11:59:59 PM ET on December 31, 2023 (the “Giveaway Entry Period”). The Giveaway Entry Period consists of twelve (12) “Monthly Entry Periods.” For the purposes of these Official Rules (“Rules”), each “Monthly Entry Period” begins at 12:00:00 Eastern Time (“E”) on the first day of each month and concludes at 11:59:59 PM ET on the last day of each month within the Giveaway Entry Period. All nonwinning eligible entries received for a given Monthly Entry Period will not qualify for subsequent monthly drawings, if any.

ELIGIBILITY: To be eligible for this Giveaway, at the time of participation, you must be: [1] a member of SoFi who is a legal resident of and physically located within the 50 United States or the District of Columbia, age 18 or older; [2] be enrolled at or accepted to attend an accredited non-profit four (4) year public or private college or university or graduate studies located within the 50 United States or the District of Columbia during the Giveaway Entry Period (collectively referred to hereafter as an “Entrant”). If an Entrant is not a member of SoFi prior to entering the Giveaway, he or she can become a member for free by downloading the SoFi app or at SoFi.com. Entrants cannot be (i) a current employee of (or have been employed within the last twelve (12) months) by Social Finance, LLC (the “Sponsor”), its parent or any subsidiary, affiliated or successor companies; (ii) a current employee of Ventura Associates International LLC (the “Administrator”), or any advertising, promotional or fulfillment agencies involved in this Giveaway or any other individual or company involved in the development or execution of the Giveaway (individually and collectively, “Giveaway Entities”); or (iii) a Household Member or Immediate Family Member of anyone falling within categories (i) or (ii). “Household Members” shall mean people who share the same residence at least three months a year whether related, or not related. “Immediate Family Members” shall mean parents, stepparents, children, stepchildren, siblings, stepsiblings, or spouses. Giveaway is governed by U.S. law and is subject to all applicable federal, state and local laws and regulations. Void where prohibited by law.

HOW TO ENTER: Visit: www.sofi.com/scholarship during a given Monthly Entry Period and follow all onscreen instructions to complete the Giveaway’s entry form in its entirety to receive one (1) entry into the monthly random drawing for which your entry qualifies. Limit: One (1) entry per Entrant per Monthly Entry Period. Any nonwinning entries received for a monthly drawing will not qualify for subsequent monthly drawings, if any. Additionally, if no entries are received for a Monthly Entry Period, the corresponding monthly prize will not be awarded.

Entrants are subject to all notices posted online including, without limitation, Sponsor’s privacy policy. SoFi reserves the right to exclude any SoFi member from participating in the Giveaway for any reason, including suspected fraud, misuse, or if suspicious activities are observed. Online entries are deemed to be made by authorized account holder of the e-mail address submitted at time of entry. Any attempt to exceed entry limit may automatically disqualify all entries from that entrant. Use of any automated, robotic, or similar methods or agents to participate in the Giveaway is prohibited and will result in disqualification. Sponsor is not responsible for lost, late, garbled, damaged, illegible, incomplete, inaccurate, or misdirected entries. All entries submitted become property of the Sponsor and will not be acknowledged.

WINNER SELECTION AND NOTIFICATION: A potential monthly prize winner (referred to hereafter as a “Winner”) will be selected via a random drawing conducted by the Administrator whose decisions are final and binding. Each monthly random drawing will be conducted within four (4) business days from the end of each Monthly Entry Period. Each Winner will be notified by email within three (3) business days after the random drawing by the Administrator and will be required to: (a) execute and return an Affidavit of Eligibility & Release of Liability, and where permissible, a Publicity Release (collectively the “Affidavit”), (b) complete and submit a W-9 Form and (c) provide proof of Acceptance Letter or proof of enrollment from an accredited non-profit four (4) year public or private college or university or graduate school located within the 50 United States or the District of Columbia (collectively, “Winner Verification Documents”) within five (5) days of the date specified on the email notification, or an alternate Winner may be selected at Sponsor’s sole discretion. If an email notification is returned as undeliverable, or if a Winner fails to submit his or her completed Winner Verification Documents within the time allocated, or if any Winner cannot accept the prize for any reason, or if he or she is not in compliance with these Rules, including but not limited to providing proof from/an accredited non-profit public or private college or university or graduate school per the eligibility requirements of these Rules, such corresponding Winner will be disqualified, and at the Sponsor’s sole discretion, the prize may be awarded to an alternate Winner from the pool of nonwinning entries received for the drawing the disqualified Winner originated. Entry and acceptance of a prize constitute permission to use each Winner’s name, prize won, hometown and likeness for online posting and promotional purposes without further compensation, permission, or notification, except where prohibited by law.

PRIZES: A total of twelve (12) monthly prizes will be awarded; one (1) prize per Monthly Entry Period. Each winner will receive $2,500.00, payable directly to the college or university on behalf of each Winner. In the event the tuition owed does not reflect a balance as stated by the college or university at time of Winner verification and/or prize delivery, the prize funds will be awarded directly to the Winner. No substitutions, transfers or assignments of any prize is permitted. Each Winner will be responsible for all federal, state, local, income or any other taxes associated with winning the prize and an IRS Form 1099 will be filed in the name of each Winner for the value of the prize won. Prizes will be awarded within sixty (60) days of each Winner’s verification.

ODDS: Odds of winning a monthly prize are dependent on the total number of eligible Entries received for a given Monthly Entry Period.

CONSENT AND RELEASE: To the fullest extent possible in law, Entrants, and on behalf of their respective heirs, executors, administrators, legal representatives, successors and assigns (“Releasing Parties”), release, defend and hold harmless the Giveaway Entities and their associated companies and directors, including but not limited to its respective parent, subsidiary, affiliated or successor companies and their respective owners, members, shareholders, officers, directors, partners, equity holders, agents, representatives, employees and all others associated with the development and execution of this Giveaway (collectively, “Releasees”) from and against any and all claims, actions, causes of action, suits, liabilities, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, lost profits, indirect or direct damages, consequential damages, incidental damages, punitive or exemplary damages, judgments, extent, executions, claims and demands whatsoever, in law, admiralty or equity, whether known or unknown, foreseen or unforeseen, against Releasees which any one or more of the Releasing Parties ever had, now have or hereafter can, shall or may have which in any way arise out of or result from Entrant’s participation, acceptance of prize (if Entrant is determined a winner).

By entering this Giveaway, you as an Entrant, agree, represent and warrant that: [1] you will be bound by the Rules and SoFi’s and its Administrator’s decisions, which shall be final in all respects; [2] in the event viruses, bugs, unauthorized human intervention, or regulations of any governmental or supra-national authority, war, national emergency, accident, fire, riot, strikes, lock-outs, industrial disputes, acts of terrorism or other matters beyond the Sponsor’s reasonable control, corrupt, prevent or impair the administration, security, fairness or proper play of the Giveaway, that it cannot be conducted as originally planned, except where prohibited by law, Sponsor has the right, in its sole discretion, to modify the Rules or to cancel, terminate or suspend the Giveaway; and in such event, to select winner(s) by such method as Sponsor in its sole discretion shall consider equitable; [3] the Releasees are not responsible for App failure, typographical or other errors in the offer or administration of the Giveaway, including but not limited to: errors in the advertising, Rules, selection and announcement of the winners; [4] the Releasees are not responsible for any inability of any winner to accept prize for any reason; [5) the Sponsor has the right, in its sole discretion, to disqualify any individual it suspects of any of the following: (a) tampering or attempting to tamper with the entry process or the operation of the Giveaway; (b) violating the Rules and/or the Sponsor’s Privacy Policy; (c) violating any other terms, conditions of use and/or general rules or guidelines of any Giveaway property or; and (6) any attempt by any individual to deliberately undermine the legitimate operation of the Giveaway is a violation of these Rules as well as criminal and civil laws; and should Sponsor believe or become aware that such an attempt has been, is being, or will be made, it has the right to seek remedies and damages from any responsible individuals to the fullest extent permitted by law, including without limitation criminal prosecution.

By participating in this Giveaway, each Entrant expressively waives and relinquishes all rights and benefits afforded by California Civil Code 1542 and does so understanding and acknowledging the significance of this waiver. Section 1542 states as follows: “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DID NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN, BY HIM OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR THE RELEASED PARTIES.”

ARBITRATION: This Giveaway shall be governed by and interpreted under the laws of the State of California, U.S.A., without regard to its conflicts of laws provisions. Entrant hereby agrees that any and all disputes, claims, causes of action, or controversies (“Claims”) arising out of or in connection with this Giveaway or the prize shall be resolved, upon the election by Entrant or Sponsor, by arbitration pursuant to this provision and the code of procedures of either the National Arbitration Forum (“NAF”) or the American Arbitration Association (“AAA”), as selected by the Entrant. IF ARBITRATION IS CHOSEN BY ANY PARTY WITH RESPECT TO A CLAIM, NEITHER PARTY WILL HAVE THE RIGHT TO LITIGATE THAT CLAIM IN COURT OR HAVE A JURY TRIAL ON THAT CLAIM. FURTHER, NEITHER SPONSOR NOR ENTRANT WILL HAVE THE RIGHT TO PARTICIPATE IN A REPRESENTATIVE CAPACITY ON BEHALF OF THE GENERAL PUBLIC OR OTHER PERSONS SIMILARLY SITUATED, OR AS A MEMBER OF ANY CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT TO ARBITRATION. EXCEPT AS SET FORTH BELOW, THE ARBITRATOR’S DECISION WILL BE FINAL AND BINDING. NOTE THAT OTHER RIGHTS THAT ENTRANT WOULD HAVE IF ENTRANT WENT TO COURT ALSO MAY NOT BE AVAILABLE IN ARBITRATION. ANY CLAIMS, JUDGMENTS AND/OR AWARDS SHALL BE LIMITED TO ACTUAL OUT-OF-POCKET COSTS ASSOCIATED WITH ENTERING THIS GIVEAWAY. ENTRANT HEREBY WAIVES ANY RIGHTS OR CLAIMS TO ATTORNEY’S FEES, INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ENTRANT, WHETHER FORESEEABLE OR NOT AND WHETHER BASED ON NEGLIGENCE OR OTHERWISE. The arbitrator’s authority to resolve Claims is limited to Claims between Sponsor and Entrant alone, and the arbitrator’s authority to make awards is limited to awards to Sponsor and Entrant alone. Furthermore, claims brought by either party against the other may not be joined or consolidated in arbitration with Claims brought by or against any third party, unless agreed to in writing by all parties. No arbitration award or decision will have any preclusive effect as to issues or claims in any dispute with anyone who is not a named party to the arbitration. Notwithstanding any other provision in these Rules and without waiving either party’s right to appeal such decision, should any portion of this provision be deemed invalid or unenforceable, then the entire provision (other than this sentence) shall not apply.

In the event there is a discrepancy or inconsistency between disclosures or other statements contained in any Giveaway-related materials or made by any representative of Sponsor, and the terms and conditions of these Rules, these Rules shall prevail, govern, and control.

PRIVACY: By entering the Giveaway, the information Entrants provide may be sent to promotional partners. Entrants may be contacted by the Sponsor and any promotional partners with future promotional offers. Information provided by Entrants to participate in this Giveaway is subject to Sponsor’s privacy policy located at www.sofi.com/privacy-policy.

SPONSOR: Social Finance, LLC, 234 First Street, San Francisco, CA 94105.

ADMINISTRATOR: Ventura Associates International LLC, 494 Eighth Avenue, Suite 1700, New York, NY 10001.

SEVERABILITY: The invalidity or unenforceability of any provision of these Rules shall not affect the validity or enforceability of any other provision. In the event any provision is determined to be invalid or otherwise unenforceable or illegal, these Rules shall otherwise remain in effect and shall be construed in accordance with their terms as if the invalid or illegal provision were not contained herein.

WINNERS’ LIST: For a list of Winners (available after January 30, 2024) send a stamped, self-addressed envelope (postage not required for Vermont residents) by January 30, 2024 to: SoFi Scholarship Giveaway Winners List, c/o Ventura Associates LLC, 494 Eighth Avenue, Suite 1700 (Attn.: DE/SoFi), New York, NY 10001.

This Giveaway is in no way promoted, endorsed, or administered by, or associated with any social media entity. Any questions, comments or complaints regarding the Giveaway must be directed to the Sponsor or Administrator, and not to any social media entity.

© 2023 SoFi Bank, N.A. Member FDIC. Equal Housing Lender. All rights reserved. ISL23-1076600