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SoFi Student Loans Review (2025): College Loans Guide
Undergraduate Student Loans
Rewards: Autopay Discount
Flexibility: Customizable payment due date
Yearly Loan Limits: Covers up to 100% of your Cost of Attendance
Overall Loan Limits: $1,000 (minimum)
Cosigner Terms: Cosigner optional, allows for Cosigner Release after 24 on-time monthly payments
Rewards: Autopay Discount
Flexibility: Customizable payment due date
Yearly Loan Limits: Covers up to 100% of your Cost of Attendance
Overall Loan Limits: $1,000 (minimum)
Cosigner Terms: Cosigner optional, allows for Cosigner Release after 24 on-time monthly payments
The bottom line
SoFi® stands out as one of the few lenders that actually means it when they say ‘no fees’ (they won’t even charge you for a late payment). We rate them as one of the best lenders for college students, particularly because of their repayment policies and flexibility. The downside is they require a lot from borrowers.
Pros- Allows you to customize your payment due date
- Does not charge any fees or penalties (not even ones for late payments)
Cons- Requires borrowers to be enrolled at least half-time
- Requires borrowers to maintain Satisfactory Academic Progress
Loan comparison
Full review
SoFi student loans are remarkably versatile college loans. As noted in many SoFi student loan reviews, the lender offers exceptional flexibility, including customizable payment due dates and no fees for late payments. These features make SoFi college loans particularly attractive for borrowers seeking greater financial flexibility.
Many SoFi student loan reviews highlight the lender’s customer service as particularly attentive, offering U.S.-based phone support on evenings and weekends. SoFi college loans cover up to the full cost of attendance, and borrowers receive an autopay discount, further enhancing affordability.
That being said, if you are looking to borrow very little (less than $1,000), are enrolled less than half-time, or don’t meet your school’s standard for Satisfactory Academic Progress, SoFi won’t lend to you. In addition, although their rates are below-average, other top lenders will charge you even less.
SoFi - Undergraduate Student Loans
Other loans that SoFi offers:
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