Join for free to get exclusive APR discounts and up to 1% cash back.
|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
What are Juno Rewards?
How are the rewards calculated?
When will I receive Juno rewards?
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.
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.
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.
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.
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.
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.
“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
How does Juno make money?
What is the disbursement timing?
Can I increase the loan amount later?
Why do we have multiple partners this year?
Does my income now influence the rates I would get for the loans?
When does interest begin accruing?
Drop us a line at firstname.lastname@example.org.