Is my program (degree or certificate) eligible for a SoFi Private Student Loan? July 28, 2020 02:40 Updated Bachelor's degrees or higher degree levels are eligible. However, certificates of all levels are ineligible. Related articles Do your Private Student Loans cover multi-year academic periods or one year at a time? Is a summer term eligible for a SoFi Private Student Loan? What are the Private Student Loan repayment options and terms available for students? Can a SoFi Private Student Loan be used for past due balances? How long?