How It Works
- The student loan refinancing process is fast, easy, and can be done entirely online.
- You select your rate and term and complete all the paperwork electronically. SoFi then pays off your current loan servicer(s) and issues you one new student loan.
Student Loan Refinancing Snapshot
Who is eligible?
All Grainger team members and their family members and friends.
What is it?
A way to consolidate your existing student loans and switch to one low-rate monthly payment.
- Save thousands of dollars thanks to low fixed and variable rates.
- An additional 0.25% discount on the loan rate when you apply online.
- Simple online application. You can get prequalified in just two minutes, and applying does not affect your credit score.
- Access to live customer support 7 days a week.
- No application or origination fees.
- No pre-payment penalties.
- Added benefits like unemployment protection, no-cost career coaching and financial planning advice– draft your will for free.
What to do
For more information and to apply anytime, visit SoFi.com/Grainger.