SoFi student loans and personal loans are eligible for Unemployment Protection, provided the loans are in good standing. “Good standing” means that you are currently and have been historically abiding by the terms of your loan agreement. Mortgage loans are not eligible for Unemployment Protection.
To apply for this assistance you must:
- Be a current SoFi member
- Have an eligible loan for at least 9 months that is in good standing
- Certify that you have lost your job through no fault of your own (involuntarily)
If you have a funded Personal Loan, you can apply for Unemployment Protection via your SoFi account by calling 844-975-7634.
SoFi Student Loan Refinance product, serviced by MOHELA, you will need to apply for the Unemployment Protection with MOHELA directly by calling 877-292-7470.