Undergraduate Student Loans
College expenses are here—get funding while there’s still time.
Do you have school-certified costs due soon? SoFi’s got your back with a fee-free private student loan. It only takes three minutes to apply.
Checking your rate will not affect your credit score.✝︎
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A better way to pay for school.
We are making it fast and easy for you to pay for school with our undergraduate student loans. Easily add a cosigner. And finish online applications in minutes. We’ll fill in the info on your next application to make it even quicker.
100% covered.
SoFi will cover all school-certified costs. That’s right—we’re got you covered.
No fees. No fuss
No fees means no fees. That means no origination fees, no late fees, and no insufficient funds fees. Period.
Cosign with confidence.
Once students prove themselves with 24 straight on-time payments, they can apply to release cosigners from their loan.*‡
Choose from low fixed or variable rates.
Two signers are better than one.
When it comes to applying for a private student loan, teamwork really can make the dream work. Applicants with a cosigner are 5x more likely to get approved, plus they can get a better rate, and release their cosigner after 24 consecutive on-time payments.1 Get a cosigner in your corner and see just how much putting your heads together can give you a boost.
Approval rate based on SoFi undergraduate student loan applications between July 2022 — August 2022.
Tools, tips, resources, and more.
Our online resource center is filled with over 500 articles, budgeting tools, guides, and more.
FAQs
- Social Security number
- Proof of income (for some)
- Government-issued ID (for some)
- Student’s school information (student’s estimated graduation date and academic term)
- Loan amount (how much you’d like to borrow)
- Financial aid you expect to receive
- Do you already have a private student loan with SoFi? We’ll use your past application to pre-fill as much information as possible in your new application
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. 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 4/1/25 and is subject to change.
* Interest Rates: Eligibility and Important Details. Fixed rates range from 3.54% APR to 15.99% APR with all discounts. Variable rates range from 4.64% APR to 15.99% APR with all discounts. Unless required to be lower to comply with applicable law, Variable Interest rates are capped at 17.95%. SoFi rate ranges are current as of 6/1/23 and are subject to change at any time. Your actual rate will be within the range of rates listed above and will depend on the term and type of repayment option you select, evaluation of your creditworthiness, income, presence of a co-signer (if applicable) and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. Check out our eligibility criteria at https://www.sofi.com/eligibility-criteria/. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi.