Graduate Student Loans
Graduate student loans
for your next step.SoFi makes it fast and easy to pay for a grad degree
with a graduate student loan– and now, even a grad-level certificate—so you can focus on what matters the most: your education.Unlike with other lenders, viewing your rate with SoFi will NOT affect your credit score.†︎.
New! Cash bonus for good grades.
Up to $2501 with GPAs 3.0 or higher.
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Graduate Loans that check all the boxes.
Pay for grad school with confidence with experts, scholarships, educational material, and student loans from SoFi.
All online. All easy.
Finish our simple graduate student loan online application in minutes. Plus, get access to live customer support 7 days a week.
No fees. No fuss.
No fees means no fees. That means no origination fees, no late fees, and no insufficient funds fees on any private loans for grad school. Period.
Competitive rates.
With variable rates as low as 4.64% APR with autopay*, you can save more versus other private lenders.
Exclusive member benefits.
SoFi members can qualify for exclusive rate discounts. You’ll get access to career services, financial advisors, networking events, and more—all at no extra cost.
Graduate Student loan rates.
Not sure which to choose? Learn more.→
PRIVATE STUDENT LOANS
Earn and redeem points to pay down your SoFi graduate student loan.
Now you can redeem your rewards points to pay down your SoFi graduate student loan. Earning rewards points is as easy as setting up bill pay, checking your credit score, and more.
For complete Member Rewards details, read our Terms of Service.
SoFi Graduate School loans vs other lenders.
- Time to get a rate quote
- Fees
- Ways to repay
- Financial planning services
- Multiple Repayment Term Options
- Interest rate discount opportunities
Comparisons based on information obtained on lenders’ websites as of January 9, 2024
Repay the graduate student way.
Pick the repayment option that works for you and your budget.
Deferred
Start paying principal and interest payments six months after you leave school.
- No payments while in grad school
- Highest overall cost option
Interest only
Pay only interest payments while you’re in school.
- Moderate payment while in grad school
- Reduces overall cost
Partial
Pay a $25 fixed monthly payment while you’re in grad school.
- Lowest payment option while in graduate school
- Reduces some of the overall cost
Immediate
Start paying principal and interest payments right away.
- Highest payment option while in grad school
- Lowest overall cost option
On your terms.
We now offer four different term options so you can choose a repayment timetable that works for you.
5-year
7-year
10-year
15-year
What about grad-level certificate programs?
Yep—covered.
Gaining a new skill through a graduate-level certificate program? Our loan for grad students can help you pay for it—so learning has even fewer limits.
How do I apply for a graduate student loan?
1
Apply online in just minutes.
Get your rate fast and find out if you’re pre-qualified before you even finish the full application. Seamlessly add a cosigner in just a few clicks.
2
Select your rate and repayment option.
Choose from fixed or variable rates. Then, pick from four repayment options.
3
Sign and accept your loan.
Upload screenshots of your info, sign your paperwork electronically, and voilà—your work is done! We’ll handle it from here.
Tools, tips, resources, and more.
Our online resource center is filled with helpful articles on private student loans for graduate school, budgeting tools, guides, and more.
Graduate Student Loan FAQs
- Social Security number or Tax Identification Number (TIN) are required from all borrowers all the time
- Proof of income: You may be required to provide proof of income if SoFi is not able to validate it automatically. We could use something similar for gov't ID.
- Government-issued ID
- 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 7/8/22 and is subject to change.
* Interest Rates: Eligibility and Important Details. Fixed rates range from 3.54% APR to 14.83% APR with all discounts. Variable rates range from 4.64% APR to 15.86% 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.