We negotiated the lowest private undergrad loan rates for you, for free

Free for you - How?

Takes <1 minute to join - Why?

No credit check - Why?

The Lowest Private Student Loan Interest Rate. Guaranteed.

Juno guarantees that you won’t find a better private student loan interest rate than the deal we bring you from our lending partner. If by some miracle you do, we’ll beat it. Details here.

We're better than Parent PLUS loans for those with good credit

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 year, etc).

Juno’s deal is best used for the remainder of financial need, and can be used instead of a Parent PLUS loan (6.284% for 2021-2022 with a ~4.2% origination fee) which can be more expensive than a private loan for those with good credit.

In comparison, one of our members 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.* Individual results will vary.

*using a loan amount of $25,600 (average for Parent PLUS) over ten years. Additional terms apply.

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Exclusive rate discounts

Join us for free to access exclusive rate discounts that save you more money than if you went to our lending partner directly. For the median member, we expect the rates will be ~1.6% lower.

Price match guarantee¹

We’re so confident in our deals that if you find a better one from another lender, tell us, and we'll give you the cash to make up the difference (comparing "apples to apples" when it comes to loan terms). Plus, get extra cash on top (1% of the loan amount).

Free to access

Joining Juno is free – you’ll never pay any membership dues or fees for accessing our exclusive deals. How? We make lenders pay a fee instead. (They don't charge you fees either)²

Doing the research

This year, we ran an auction, making all 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.

Free for you

Since our members never pay us, we charge the selected lender 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.

50,000+

members

$250,000,000+

in negotiated loans

1900+

eligible universities

Through the power of 50,000+ families

Our collective voices hold so much strength at the negotiating table. Thanks to this, whenever we talk to lenders, we have a ton of leverage to get our community better deals.

Lenders want our collective business

Financial institutions want to lend money. More volume, even if the volume is getting reduced interest rates, is better for them. And better rates is better for you. It’s a rare win win.

Who is this for?

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.

Yes, students will likely need a co-signer. Here's what that means.

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.

Rates

Check out the rates we negotiated

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.

Check my rate

Fixed

Variable

Term³	APR⁴
5 Years	3.34% - 10.77%*
7 years	3.34% - 10.87%*
10 years	3.34% - 11.68%*
12 years	3.34% - 11.73%*
15 years	3.34% - 11.78%*

Term³	APR⁴
5 Years	1.04% - 10.27%*
7 years	2.28% - 10.37%*
10 years	2.38% - 10.44%*
12 years	2.43% - 10.44%*
15 years	2.48% - 10.44%*

*APRs include 0.25% Auto Pay discount where applicable ⁵

Matt, MIT
2021

This is the way to go for student loans.

Jona, Harvard University
2020

The best deal.

Donato, Yale
2020

It worked out much better!

Nhat, MIT
2020

Much lower and no initiation fee!

Andy

Ringling College of Art + Design, 2024

Individual results may vary.

We are on a mission to increase access to and reduce the financial burden of higher education.

Who We Are

Deals

Disclaimers: Product name, logo, brands, and other trademarks featured or referred to within Juno are the property of their respective trademark holders. Please consult a licensed financial professional before making any financial decisions. This site is not endorsed or affiliated with the U.S. Department of Education.

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Juno’s Lowest Cost Guarantee is offered by Juno to Covered Members. All Juno members are not Covered Members. Covered Members are Juno Members who receive a Student Loan by utilizing Select Partnerships offered by Juno. Only the loan obtained through the select partnership is covered by the Guarantee. To determine if you are a Covered Member, you may email support@joinjuno.com. Partnerships in the list of select partnerships indicate that they are eligible for the guarantee on the page that describes the partnership. Details including the complete terms and conditions of Juno’s Lowest Cost Guarantee can be found at https://joinjuno.com/lowest-cost-guarantee.

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Earnest does not charge fees for origination, late payments, or prepayments. Florida Stamp Tax: For Florida residents, Florida documentary stamp tax is required by law, calculated as $0.35 for each $100 (or portion thereof) of the principal loan amount, the amount of which is provided in the Final Disclosure. Lender will add the stamp tax to the principal loan amount. The full amount will be paid directly to the Florida Department of Revenue. Certificate of Registration No. 78-8016373916-1.

Earnest Loans are made by Earnest Operations LLC or One American Bank, Member FDIC. Earnest Operations LLC, NMLS #1204917, 535 Mission St, Suite 1663 San Francisco, CA 94105. CA Financing Law License #6054788 Visit earnest.com/licenses for a full list of licensed states. One American Bank, 515 S. Minnesota Ave, Sioux Falls, SD 57104. Earnest loans are serviced by Earnest Operations LLC with support from Navient Solutions LLC (NMLS #212430). One American Bank and Earnest LLC and its subsidiaries are not sponsored by or agencies of the United States of America. © 2021 Earnest LLC. All rights reserved.

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Loan Cost Examples: These examples provide estimates based on payments beginning immediately upon loan disbursement. Variable APR: A $10,000 loan with a 20-year term (240 monthly payments of $75) and a 6.48% APR would result in a total estimated payment amount of $17,865.51. For a variable loan, after your starting rate is set, your rate will then vary with the market. Fixed APR: A $10,000 loan with a 20-year term (240 monthly payments of $75) and a 6.48% APR would result in a total estimated payment amount of $17,865.51. Your actual repayment terms may vary.

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Actual rate and available repayment terms will vary based on credit profile. Fixed rates range from 3.34% APR (with autopay) to 11.78% APR (excludes 0.25% Auto Pay discount). Variable rates range from 1.04% APR (with autopay) to 10.44% APR (excludes 0.25% Auto Pay discount). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 36% (the maximum allowable for these loans). Earnest variable interest rates are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.34% and 11.54% to the one month LIBOR. Earnest rate ranges are current as of 7/1/2021. Earnest Private Student Loans are not available in Nevada.

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You can take advantage of the Auto Pay interest rate reduction by setting up and maintaining active and automatic ACH withdrawal of your loan payment. The interest rate reduction for Auto Pay will be available only while your loan is enrolled in Auto Pay. Interest rate incentives for utilizing Auto Pay may not be combined with certain private student loan repayment programs that also offer an interest rate reduction. For multi-party loans, only one party may enroll in Auto Pay.

We negotiated the lowest private undergrad loan rates for you, for free

The Lowest Private Student Loan Interest Rate. Guaranteed.

We're better than Parent PLUS loans for those with good credit