Do you require students to make Satisfactory Academic Progress (SAP) in order to receive the loan? May 06, 2022 20:27 Updated Follow No, Satisfactory Academic Progress (SAP) is not a requirement for a SoFi Private Student Loan. Related articles Do I need a co-signer? What are the benefits to having a co-signer? Is satisfactory academic progress a requirement for the SoFi Private Student Loan? How long does the application process take? How quickly can I get my loan? Can a Private Student Loan be used for a Graduate Certificate Program? What is SoFi?