Our Fall 2024 student loan negotiation group is live. Join us for free before April 30th. Start now.
We think it's unlikely you'll get a better deal elsewhere but we have a rate match program in case you manage to find something! Details here.
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.
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
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 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 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.
Juno is the only organization that has successfully negotiated discounts for student loans on behalf of large, diverse groups of students. We’ve helped students and families borrow more than $837.1M+ at discounted rates. Over 149,609+ members have trusted Juno to negotiate more affordable student loans for them.
in negotiated loans
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.
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.
For graduate students with 650+ credit scores seeking a private student loan, we know we have the best deal out there. That’s why we have our price match guarantee, along with the cash bonus, for anyone who can find a better private student loan.
We do not expect graduate students to require a co-signer. However, we do expect graduate students with co-signers to be able to get better rates.
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.
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.
The current rates for federal loans are 7.05% (Federal Direct Unsubsidized loan with a ~1% origination fee) and 8.05% (Grad PLUS loans with a ~4.2% origination fee).
In comparison, our lending partners do not charge any origination fees. We are expecting most Juno Members will receive interest rates that are substantially better when compared to the Grad PLUS loans.
You’ll also want to consider whether you’ll need perks offered by federal loans such as repayment protections, income-based repayment plans and forgiveness.
Here are real stories about how Juno
helped our community save money.