SoFi Student Loan Refinancing

SoFi is offering Stanford alumni special savings on student loans, with an extra bonus for Stanford Alumni Association (SAA) members. Since launching out of the Stanford GSB, SoFi has created an ecosystem that connects high quality alumni borrowers and investors to provide lower rates to a unique group of borrowers.

SoFi refinances student loan debt at lower rates than federal and/or private options — their customers are saving approximately $14k¹. The main benefits include:

• Rates: Rates start from 1.90% APR to 5.20% APR (with Autopay)²
• Simplicity: Consolidate all student loans (federal and private) into a single loan with one monthly payment
• Bonus: $295 welcome bonus for all Stanford Alumni and $595 for SAA members who sign up through www.sofi.com/saa and obtain a loan under the program³

To take advantage of this program, apply through www.sofi.com/saa. Applying takes only 10 minutes and SoFi will handle the rest!

For more details on the above programs, call (855) 456-7634, or visit www.sofi.com/saa.

SoFi is not affiliated with Stanford University and loans made under this program are made by SoFi Lending Corp. and not Stanford University.

1. Average savings calculation is based on all SoFi borrowers who refinanced between 2/1/15 and 4/30/15. Prior to refinancing, borrowers taking 5 and 10-year terms had an average balance of $71,128 and lifetime payment of $101,300 at a rate of 6.77%, and borrowers taking 15 and 20-year terms had an average balance of $98,983 and lifetime payment of $157,936 at a rate of 6.96%. After refinancing, 5 and 10-year borrowers have an average lifetime payment of $85,197, and 15 and 20-year borrowers have an average lifetime payment of $148,036, based on a weighted average of new rates received across both types (fixed and variable) and respective loan terms with AutoPay. Savings calculation assumes no change in interest rates, on-time payments, and no prepayment of loans. Borrowers refinancing loans into longer terms typically forfeit savings for lower monthly payments.

2. Fixed rates from 3.50% APR to 7.24% (with AutoPay). Variable rates from 1.90% APR to 5.20% (with AutoPay). Interest rates on variable rate loans are capped at either 8.95% or 9.95% depending on term of loan. See APR examples and terms. Lowest variable rate of 1.90% APR assumes current 1 month LIBOR rate of 0.20% plus 1.71% margin. Not all borrowers receive the lowest rate. If approved for a loan, the fixed or variable interest rate offered will depend on your creditworthiness, and the term of the loan and other factors, and will be within the ranges of rates listed above. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.

3. Membership status will be verified by the Stanford Alumni Association.