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  • Is there a way to refinance my SoFi student loans back to federal loans?
  • Can I add more student loans to this refinance in the future?
  • Do I have to refinance the full amount of an existing Student Loan?
  • Can my child on whose behalf I took out a Parent PLUS loan refinance my loan in his or her name?
  • Can I refinance a Parent PLUS loan?
  • Are there origination or prepayment fees for SoFi loans?
  • What is the minimum and maximum amount I can borrow with SoFi?
  • Does SoFi have a variable rate product?
  • Does SoFi offer a grace period?
  • Is it possible to refinance both federal and private student loans?
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Does SoFi charge fees for the student loan refinance?

  • February 24, 2020 22:23
  • Updated
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SoFi does not charge application fees, origination fees, or prepayment penalties for the student loan refinance.

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Related articles

  • Who will service my loan?
  • Can I add a co-signer?
  • Am I eligible for a SoFi Refinance loan?
  • How do I request a payoff statement?
  • Should I refinance my federal student loan?

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Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi's underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org Opens A New Window. )

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