The Member Discounts will apply automatically to new loans moving forward. For example, the Member Rate Discount was activated on 2/20/2017, so if you funded your second (or third, etc.) SoFi loan before that date, you will not receive the Member Rate Discount retroactively on that loan. For any qualifying additional loan(s) that you fund on or after 2/27/2017, you will automatically receive the Member Rate Discount.