About This Referral Deal

SoFi Private Student Loans provide comprehensive financing solutions for undergraduate and graduate students, covering 100% of school-certified costs with competitive rates and no fees. As a leading educational lender, SoFi understands the financial challenges students face and offers flexible terms, rate discounts, and member benefits beyond traditional lending.

Through this referral code, new customers can get a $300 bonus when they take out a private student loan, making it an excellent opportunity to reduce the cost of education financing.

Your Benefits

$300 Referral Bonus

$300 bonus after funding - Get $300 bonus when your loan funds through this referral code
New customers only - Available only for new SoFi customers
Easy bonus qualification - Bonus awarded after successful loan disbursement
Extra money for school - Use bonus toward education expenses or other needs

100% Cost Coverage

Complete coverage - SoFi covers all school-certified costs with no gaps
Tuition and fees - Full coverage of tuition, fees, and other education expenses
Living expenses - Coverage for room, board, and other qualified living costs
Books and supplies - Include textbooks, equipment, and required materials
No coverage limits - Borrow up to full cost of attendance

🚀 All Online, All Easy

Fast application - Complete online application in minutes
Pre-filled information - Fast track application for returning borrowers
Easy cosigner addition - Add cosigner in just a few clicks
Quick decisions - Fast approval process for qualified applicants
Electronic documents - Sign all documents electronically

Get Started

Click the referral link - Use the provided invite link to access SoFi private student loan application
Complete application - Fill out online application with school and financial information
Add cosigner if needed - Include cosigner to potentially improve rates and approval odds
Review and sign - Approve loan terms and sign documents electronically
Receive funding - Loan funds disbursed directly to school and you receive $300 bonus

SoFi Private Student Loan Advantages

Better Rates & Savings

Competitive interest rates - Market-leading rates for qualified borrowers
Autopay rate discount - Additional rate reduction with automatic payments
Family rate discount - 0.125% discount for families with multiple SoFi loans
No rate increases - Fixed rates remain stable throughout repayment
Transparent pricing - Clear, upfront rate information with no hidden costs

No Fees Policy

No origination fees - Start your loan without upfront costs
No late fees - Focus on payments without worry about penalty fees
No insufficient funds fees - No penalties for account issues
No prepayment penalties - Pay off loan early without extra charges
No application fees - Apply at no cost to see your rates

Flexible Repayment Options

Multiple repayment choices - Interest-only, deferred, or immediate repayment while in school
Grace period options - Flexible grace periods after graduation
Unemployment protection - Payment modification options if you lose your job
Graduation incentives - Potential rate reductions upon degree completion
Early payment benefits - Rewards for making payments ahead of schedule

Student & Family Benefits

Career services - Free access to career coaching and job placement assistance
Financial planning - Complimentary financial advice and planning tools
Member events - Exclusive networking and educational opportunities
Family discounts - Rate discounts for families with multiple student loans
Customer support - Dedicated support throughout school and repayment

Product Features

Loan Details

Loan amounts - Up to 100% of school-certified cost of attendance
Rate options - Fixed and variable interest rates available
Term lengths - Flexible repayment terms to fit your budget
No maximum limits - Borrow up to full cost as certified by school
Multiple disbursements - Funds disbursed each semester as needed

School Requirements

Eligible schools - Available for students at eligible degree-granting institutions
Degree programs - Undergraduate, graduate, and professional degree programs
Enrollment status - Available for full-time and part-time students
School certification - School must certify loan amount and enrollment
Academic progress - Satisfactory academic progress required

Application Process

Online application - Complete entire process online
School information - Provide details about your school and program
Financial information - Submit income and other financial details
Cosigner option - Add cosigner to improve rates and approval chances
Document upload - Easy electronic document submission

Repayment Options

While In School

Deferred payments - Make no payments while enrolled at least half-time
Interest-only payments - Pay only interest to reduce total loan cost
Immediate repayment - Start full payments immediately for maximum savings
Fixed payment option - Make small fixed payments while in school
Flexible scheduling - Choose payment option that works for your situation

After Graduation

Standard repayment - Fixed monthly payments over loan term
Graduated repayment - Payments start lower and increase over time
Income-based options - Payment plans based on income and family size
Extended repayment - Longer terms for lower monthly payments
Early payoff options - Pay off loan early without penalties

Eligibility Requirements

Student Requirements

US citizenship - Must be US citizen or permanent resident
Eligible school - Enrolled at eligible degree-granting institution
Credit requirements - Good credit history or qualified cosigner
Academic standing - Satisfactory academic progress required
Age requirement - Must be 18 years or older

Cosigner Benefits

Improved rates - Cosigner may help secure better interest rates
Higher approval odds - Cosigner increases likelihood of approval
Credit building - Helps student build credit history
Cosigner release - Option to remove cosigner after 24+ on-time payments
Family discounts - Additional rate discounts for family members

Notes

Important Terms

$300 bonus eligibility - Bonus awarded after successful loan disbursement
New customers only - Bonus available only for new SoFi customers
School certification required - Loan amount must be certified by school
Active loan requirement - Loan must remain in good standing
Single bonus per customer - One referral bonus per new customer

Rate Discounts

Autopay discount - Rate reduction for automatic payments from bank account
Family discount - 0.125% rate discount for families with multiple SoFi loans
Loyalty discounts - Potential additional discounts for existing SoFi members
Graduation incentives - Possible rate reductions upon degree completion
Payment rewards - Benefits for consistent on-time payments

Loan Features

Fixed rate stability - Fixed rates remain same throughout loan term
Variable rate potential - Variable rates may decrease with market conditions
No cosigner required - Many loans approved without cosigner
Cosigner release option - Remove cosigner after 24+ consecutive on-time payments
Direct school disbursement - Funds sent directly to school bursar's office

Important Considerations

Credit impact - Hard credit check required for final loan approval
School certification - All loans must be certified by financial aid office
Cost of attendance - Cannot exceed school's certified cost of attendance
Academic progress - Must maintain satisfactory academic progress
State licensing - SoFi licensed in all states where loans are offered

Comparison with Federal Loans

Fixed rates - Private loans may offer lower fixed rates than federal
No federal benefits - Private loans don't include federal protections
Credit requirements - Private loans require good credit or cosigner
Repayment flexibility - Some private loan repayment options may be more flexible
Interest accrual - Private loans typically accrue interest immediately

By applying for SoFi Private Student Loan through this referral link, you'll receive a $300 bonus while accessing competitive rates, comprehensive coverage, and valuable member benefits to support your educational journey.

SoFi Private Student Loans Referral Code & Link