Stanford team people centered SoFi, an online lender, last year. The fresh Bay area-dependent startup, first worried about an educatonal loan refinancing, prolonged toward individual college loans inside 2019. There aren’t any costs to own undergraduate, graduate, law otherwise MBA, health career, otherwise mother or father funds.
step three. Sallie Mae
Sallie Mae was an openly detailed user financial that give private student education loans to own undergraduate, scholar, and you may professional levels or any other informative conditions. Congress based Sallie Mae within the 1972 due to the fact an authorities-paid business you to definitely managed student loans. In the 2004, the lending company turned individual, and it also offers various student loan bundles. Furthermore, Sallie Mae Bank also offers deals products and most other tools to greatly help group plan and you will purchase college, such as a charge card one to produces cash back to help you pay out-of any student loan.