Use our deals and save big on your student loans

Join for free to get exclusive APR discounts and up to 1% cash back.

Juno Notebook
~Formerly known as LeverEdge~

“Taking that one-off experience and systemizing it for more students in more contexts.”

“Saving each student around $8,300 on their combined $25 million debt”

“From the bank’s perspective, [it’s] a more efficient way to attract new customers”

“Two HBS admits took a look at interest rates... Then they got organized.

“Together, students can force lenders to compete”

“Anything that empowers students during the borrowing process is a positive development”

Rates


A Sneak Peek

We really wish we could tell you your exact rate, but everyone gets a different rate and we’re still honing our crystal ball skills.

Access the Deal
Term1 APR2
5 Years 1.04% - 5.65%
7 Years 3.65% - 5.75%
10 Years 2.64% - 5.80%
12 Years 3.95% - 6.10%
15 Years 2.84% - 6.50%

APRs include Auto Pay rate reduction where applicable3

Juno Rewards

We give you at least 0.5% of your loan amount back when you use one of your negotiated deals

What are Juno Rewards?

Most partners who work with us pass along a referral fee when you take a loan. Rather keep all of that to ourselves, we’re giving you a bonus using those funds. This is separate from our existing referral bonuses and any additional discounts we’ve negotiated.

How are the rewards calculated?

We’re giving you at least 0.5% of the loan you take using your special Juno link. So if you take out a loan for $60,000, you’re going to get a check for at least $300. No strings attached.

When will I receive Juno rewards?

You’ll receive your Juno Reward once the partner confirms that Juno will be paid for referring you to them. Typically, this happens a few days after when the loan amount gets sent by the lender to the school. The exact date should be in your final loan documents.
You can find all the details here. Request Your Reward

Benefits of joining Juno

Join us for free to access exclusive discounts that save you more money than if you went to our partner directly, from rate discounts and/or cash back on student loans!

We negotiate exclusive deals with our lending partners. Some of our deals feature interest rate discounts while some feature up to 1% cash back, or both. (What does cash back mean? Think of it like a signing bonus – when you sign with one of our partners, you get paid.) Either way, you'll save money, and you won’t get these deals anywhere else.

Why you should trust us

We started Juno a few years ago when we were shopping around for loans for Harvard Business School. Since then, we’ve been immersed in the student loan industry, regularly speaking with key players nationwide.

This year, we ran an auction, making all the lenders offer the best rates to our community. In the process, we pored over dozens of rate tables, and stayed up all night crunching spreadsheets to map out which lenders offered the most people the best rates.

Since our members never pay us, we charge all the lenders a set fee that is agreed before the negotiations begin. That way, we can’t be swayed by a larger financial incentive. The only way to win the auction is to offer our community the best rate.

Our Track Record

Juno is the only organization that has successfully negotiated discounts for student loans on behalf of large groups of students. We’ve helped students and families borrow more than $200M at discounted rates. Additionally, our cash back deals have given more than $502,121 back to our members. Over 40,000 members have trusted Juno to negotiate more affordable student loans for them.

By the numbers

  • 40,000+ members
  • $502,121+ in cash back earned by our community in 2020
  • $26,000,000+ in savings compared to federal rates

How we save you money

Lenders spend so much money on marketing. This year, SoFi spent 400 million dollars on the naming rights to a stadium. All those costs get passed along to borrowers in the form of higher interest rates.

Instead, we pitch lenders an alternative: give our members better rates and avoid spending thousands of dollars per customer on marketing. It saves them time and money, and we end up getting our community better rates for free.

Who this is for?

We currently have multiple deals with cash back and/or rate discounts for graduate students. Our deals can be used to save you money in lieu of or in addition to federal loans– you can easily compare your options against the federal rates and see how much you can save with our comprehensive calculator.

If you’re an international student, we are continuing our efforts to negotiate better student loan options for you. For now, we have a student health insurance deal for international students that can save you thousands.

Do I need a co-signer? What does that mean?

A co-signer is a person who is obligated to pay back the loan if you, the student, cannot make your payments. The co-signer can be a spouse, relative, parent or any adult that is a U.S. Citizen or Permanent Resident.

Co-signers are generally not required for graduate students with established credit, but many of our members have found dramatic savings when they provide a co-signer.

For international students as well as DACA recipients and Conditional Permanent Residents, having a U.S. Citizen/Permanent Resident co-signer may make you eligible for a loan with a U.S. lender. Policies and requirements vary by lender.

Hear from a member!

“Juno made the loan shopping process infinitely easier than if I had to source loan quotes on my own. I was able to quickly compare and select the appropriate loan for my needs.”
- Josh C.

“It seems like your interests are aligned with ours, rather than the lenders.”
- Yale SOM ‘21

“I really feel it helped me find a better deal and save money.”
- Duke ‘22

Benefits of the negotiated deal

-> Lower Rates (Options available based on lender)
-> Longer 9-month grace period4
-> No Fees (No Application, No Origination and No Prepayment Fees)5
FAQs

How does Juno make money?

We charge our partners a percentage of the loan amount our members borrow from lenders – it’s set before the formal auction, so companies can’t sway us by offering more money. The partner is selected based on Juno's analysis with the objective of finding the partner that will offer you the best rates. 

When you use our special link, you’ll get a discount from the lender, or other incentive such as a cash payment from Juno, which we’ve negotiated. We’ll receive the fee described above from our partner, which is calculated as a percentage of your final loan amount, but you’re always free to go directly to the partner’s site as well.

To clarify, we receive compensation from the financial services companies appearing on this page.

What is the disbursement timing?

Usually, the loan is disbursed right before the start of the semester, so if you needed one for the fall term, August. 

But we recommend coordinating with your financial aid office to ensure that the funds are disbursed at the time you would like them to be. Our understanding is that the financial aid office communicates the disbursement dates to the lender.

Can I increase the loan amount later?

You will have to directly contact the lender to ask if the loan amount can be increased and they might require you to apply for a new loan. Depending if our partnership with the lender is still going or not you might not get the same rates.

Why do we have multiple partners this year?

We couldn’t find a single option that got the lowest rates for everyone in the group. We’ve recommended the one we think will give you the best deal, but you’re welcome to apply to the others. We do not make any more money from one vs the other, so rest assured knowing your recommendations are based on saving you the most money.

All of these options are better than what you would get if you directly went to their site.

Does my income now influence the rates I would get for the loans?

When we release the deal and you apply with the lender, we recommend listing your income at that time that you can prove via pay stubs etc. If a cosigner is required, you may be asked to provide their income information as well.

When does interest begin accruing?

Interest usually begins accruing when the loan is disbursed to your school. Your university communicates the disbursement date(s) with lenders, and there can be multiple. As a result, you may want to check in with the Billing Department to see when the funds would be disbursed so that you know when your interest begins accruing. 

If your school splits up the loan on a semester basis, which is common, then you would only begin accruing interest on the portion that is disbursed rather than the full amount. So if you took out $80,000 – $40,000 for the fall, and $40,000 for the spring, then you would only begin accruing interest on the first $40,000 in the fall when initially disbursed. When the latter portion is disbursed in the spring, you would then accrue interest on the full $80,000. 

Got questions?

Drop us a line at hello@joinjuno.com.