Get started

Can you love a student loan?

Absolutely.

Get started

PRIVATE STUDENT LOANS

Checking your rate will not affect your credit score. 

SoFi's helping students pay for school with our no-fee private student loans.

Here to help you pay for school.

Get competitive-rate in-school loans that work for you. SoFi makes the process simple—so paying for school is stress-free.

All online. All easy.

No fees. No fuss.

Repay your way.

Exclusive rate discounts.

We're making it easy to apply and add a cosigner to your application in minutes.

No fees means no fees. That means no origination fees, no late fees, and no insufficient fund fees. Period.

SoFi has flexible repayment options to help you find the loan that fits your budget.

Get a 0.25% discount when you set up autopay.* Plus, SoFi members can qualify for exclusive rate discounts on additional SoFi loans.**

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,.

Get started

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.

Get started

Law & MBA Loans

Now future lawyers and tomorrow's leaders of industry can pay for law or business school with premium, low-rate loans offered by SoFi.

Get started

Parent Loans

Parents rejoice: now you can pay your child's tuition with a flexible, low-rate loan. SoFI's application is quick and easy—and the repayment plans are flexible. 

Get started

We know student loans.

#1

375,000+

98%

student loan refinancing company

members have refinanced their student loans

of surveyed members would recommend SoFi to a friend ✝✝

Tools, tips, resources, and more.

Our online resource center is filled with over 500 articles, budgeting tools, guides, and more.

Visit SoFi Learn

FAQs

Q: What are SoFi Private Student Loans?

SoFi Private Student Loans launched in 2019 with a goal to create private student loan products that help students pay for school easily. SoFi helps students and parents make smart financial decisions through transparency, tons of resources and support, and modern customer-first solutions.


Q: Which are better, federal loans or private loans?

In the spirit of transparency, SoFi strongly believes you should exhaust all of your Federal grant and loan options before you consider SoFi as your private loan lender.


Q: How much of my education cost can a SoFi Private Loan cover?

SoFi Private Student Loans can cover up to 100% of the school-certified cost of attendance, which typically includes things like tuition and food, books and supplies, room and board, transportation and personal expenses. The minimum you can borrow is $5,000.


You can get a 0.25% interest rate reduction when you sign up to make automated payments from your checking or savings account.

Q: What discounts do you offer?

Q: Do SoFi Private Student Loans have any fees?

The faster you pay, the more you can save. Making payments while in school (even if you choose to defer during school, you still have the option to make payments when you can) and picking shorter loan terms can help you pay the loan off as quickly as possible. That can help you save on your overall interest charges, which helps reduce your total payments on your loan.


Q: What options do I have for reducing the overall cost of my loan?

There are zero fees for SoFi Private Student Loans. Zero. That means no late fees, no origination fees, no application fees, no insufficient fund fees or any fees of any kind. When we say zero fees, we mean zero fees.


See more FAQs
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 eligibile status and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan requirements may be higher than $5,000 in specific states due to legal requirements. See SoFi.com/eligibility  for more information. View payment examples. 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 08/18/2021 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 loans are originated by SoFi Lending Corp. or an affiliate (dba SoFi), a lender licensed by the Department of Financial Protection and Innovation under the California Financing Law, license number 6054612; NMLS # 1121636. (
www.nmlsconsumeraccess.org
). Terms, conditions, and state restrictions may apply.

© 2021 Social Finance, Inc. All rights reserved.

 Job Code: UB20210818PSL-Gen


 

Equal Housing Lender

Get started

Find your rate in just a few clicks.

Loans that work for you and your cosigner.

Students with a cosigner are up to 10x more likely to be approved.*

*Approval rate based on SoFi Undergraduate Student Loans applications between April, 2019—August, 2020.


Loans that work for you and your cosigner.

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.

Get started

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.

Get started

Law & MBA Loans

Now future lawyers and tomorrow's leaders of industry can pay for law or business school with premium, low-rate loans offered by SoFi.

Get started

Parent Loans

Parents rejoice: now you can pay your child's tuition with a flexible, low-rate loan. SoFI's application is quick and easy—and the repayment plans are flexible. 

Get started

We know student loans.

#1

375,000+

98%

student loan refinancing company

members have refinanced their student loans

of surveyed members would recommend SoFi to a friend ✝✝

Students with a cosigner are up to 7x more likely to be approved.*

*Approval rate based on SoFi Undergraduate Student Loans applications between April, 2019—August, 2020.


*Approval rate based on SoFi Undergraduate Student Loans applications between April, 2019—August, 2020.