SoFi Student Loan Refinancing

Save money as you pay it back

Student loan refinancing is part of Grainger’s voluntary benefits offerings. By refinancing your student debt through SoFi, you can save on the total amount of loan interest, get lowered monthly payments or shorten the length of a loan.

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.

Why participate?

  • 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.  

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When Coverage Ends

If You and Your Spouse or Domestic Partner Are Both Grainger Team Members

Resources

Special Savings Offers

Videos

Profit Savings Plan

Retirement Benefit Questions (65+/Medicare-eligible [including disabled early Medicare eligible] and pre-65 eligible retirees/dependents)

Medicare Plan Options Questions (65+ or early Medicare retirees with or without Grainger Retiree Health)

Questions

Connect with a Benefit Pro

Access the Provider Search Tool

When Coverage Ends

If You and Your Spouse or Domestic Partner Are Both Grainger Team Members

Resources

Special Savings Offers

Videos

Profit Savings Plan