Refinance your student loans with SoFi:

Reduce the cost of your student debt

Don’t overpay on your student loans.

Apply in 15 minutes. Save thousands. Plus, benefit from our community.

Variable rates as low as

1.93% APR

and fixed rates as low as 3.50% APR with AutoPay discount1

Find My Rate


Average customers save $11,783.2

Choose from variable rates currently as low as 1.93% APR and fixed rates as low as 3.50% APR (with AutoPay discount)1 to optimize how you save. Lower your monthly payment or reduce the lifetime cost of your loan, or sometimes accomplish both.


Combine your existing student loans – including federal and private loans – into a single loan.

With one lender, one bill and one monthly payment, you will avoid the hassle of multiple loans and bills.


Leverage our alumni borrower and investor community.

SoFi is committed to helping you realize your goals beyond paying off student loans. Our community helps borrowers forge valuable connections, find jobs, and start companies.

Loan Features

  • Multiple loan terms available
  • No prepayment penalties
  • Discretionary grace period, forbearance or deferral

What’s the catch?

There isn’t one. SoFi loans have no origination fees or pre- payment penalties of any kind.

"With SoFi, I was able to significantly lower my rate, saving me thousands of dollars over the life of the loan. Plus, now I belong to a support group of borrowers and lenders, turning debt that was once only a liability into an asset of sorts. I’m grateful that a friend told me about SoFi."

Barry Malinowsky, Jr.

Loans Funded
Average Savings per Borrower