SoFi Student Loan Refinancing
Refinance federal and private student loans with rates starting at 4.49%. No fees. Unemployment protection included. Member benefits.
Last checked on May 9, 2026. We may earn a commission when you click through.
SoFi offers competitive refinancing options for student loans with rates starting at 4.49%, but they require a minimum credit score of 650.
SoFi Student Loan Refinancing
Updated 1 day agoAt a Glance
Representative APR
4.24–10.37%
Loan Amount
$5,000–$500,000
Term
60–240 mo
Decision
—
About this loan
SoFi offers competitive refinancing rates and flexible loan terms, making it a strong choice for borrowers looking to manage their student debt effectively.
Our Verdict
SoFi offers competitive refinancing options for student loans with rates starting at 4.49%, but they require a minimum credit score of 650.
Best For
This refinancing option is ideal for borrowers looking to consolidate both federal and private student loans without any fees.
Watch Out
Keep in mind that while they provide unemployment protection, borrowers with lower credit scores may face higher rates.
Expert Analysis
SoFi's student loan refinancing program features rates starting at 4.49%, making it a viable choice for those with good credit. To qualify, borrowers need a minimum credit score of 650. Unlike some competitors, SoFi charges no fees for refinancing, which can significantly lower the overall cost of borrowing.
The refinancing terms range from 5 to 20 years, allowing borrowers to choose a plan that fits their financial situation. However, if your credit score falls below the minimum requirement, you may encounter higher APRs, reaching up to 10.37%. This could impact your monthly payments considerably.
Customer service experiences can vary, so it's worth noting that some users have reported slower response times. Additionally, if you need unemployment protection, SoFi does offer this benefit, which could provide peace of mind during uncertain times. However, be sure to read the fine print regarding eligibility.
For those with excellent credit, SoFi presents a strong option among lenders. Alternatives like Earnest and LendKey may offer different terms or lower rates for specific borrower profiles. According to SoFi's official page (https://www.sofi.com/refinance-student-loan/), it's essential to review all offers to ensure you're making the best financial decision.
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Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.
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