Join for free and get an exclusive 1% APR discount off advertised rates.
|5 - 15 Years||1.05% - 10.44%|
APRs include Auto Pay rate reduction where applicable3
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. Our undergraduate deal offers a 1% rate reduction, which you won’t see 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.
For undergraduate students, those who need to borrow above the federal lending limit can save
money using our deals as an alternative to Parent PLUS loans. We currently have a student
loan deal with an exclusive rate discount that can help families bridge the gap after they’ve
hit the federal lending limit.
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. We expect undergraduate students will need 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.
As a reminder, Federal Stafford loans likely offer better options to undergrads, but it’s
very common that students need to borrow more than that federal limit ($5,500 for the first
Juno’s deal is best used for the remainder of financial need, and can be used in lieu of a Parent PLUS loan (5.3% for 2020-2021 with a 4.248% origination fee) which can be more expensive than a private loan.
In comparison, the member you’ll hear from below got a 5.04% interest rate without any fees. That’s the difference of $1,479.89 – $32,643.6 through Juno versus $34,123.49 through Parent PLUS.*
*using a loan amount of $25,600 (average for Parent PLUS) over ten years. Additional terms apply.
“I just wanted to let you know, after 4 years of applying for private student loans, going
through [Juno was] by far was the easiest, fastest, and smoothest, process… It was the
easiest application and fool-proof. Every year it is a stressful process filling out all
those private loan applications, but this was the best.
He/we ended up getting a fixed rate of 5.04%, payable starting 9 months after he graduates, payable over 10 years.
Thank you again!”
Is this better than a Federal loan?
Do I need a co-signer?
Do I need to have an income?
Can I apply at any point of the year and get the same rates?
Can I increase the loan amount later?
How does Juno make money?
What is the disbursement timing?
Drop us a line at firstname.lastname@example.org.