Juno Referral Program Terms and Conditions

Summary

The Juno Referral Program rewards anyone who refers their friends or family members to refinance and/or originate their student loan(s) with a loan negotiated by LeverEdge Association (Juno) as long as the lender pays us a referral fee for the refinanced and/or originated loan. The referring person does NOT need to be a member of a Juno negotiation group.

Rewards

Juno will reward $100 to the referrer and $100 to the referred borrower for each new borrower who takes an in school student loan that is referred as part of our negotiation groups starting July 11, 2022. If your friend takes a refinance loan instead, you'll get $300 and they'll receive either a cash reward or discount depending on their profile (starting August 15, 2023). For referrals prior to that date, both parties receive $100.

Additionally, based on the number of referred borrowers that originate graduate student loans with a lender partnered with Juno, Juno will additionally reward prizes to the referrer as shown below, based on a program start date of March 5, 2024:

Note that refinance loans, high yield savings, and other deals do not count within the milestone reward program.

For 500 referred borrowers, if the referrer is a student at an eligible program, Juno will reward 1 year's tuition up to a maximum of $80,000. Eligible programs are programs that are eligible for Graduate Student Loans from a lender partnered with Juno. If the referrer is not a student at an eligible program, Juno will reward $50,000.

Numbers shown on the rewards tracker including, but not limited to, ‘Members Referred by You’, ‘# Taking the Deal’, and ‘Expected Cash Reward’ are provisional and subject to change before any rewards are paid out.

Qualified Referrals

The referred borrower must have refinanced and/or originated their student loan(s) with a loan negotiated by Juno for which Juno is paid a referral fee by the lender. Juno will only pay one referral payment per borrower, regardless of when or how many loans refinanced and/or consolidated by the borrower.

Referred borrowers can only be referred by one person.

Referrals cannot be made for existing Juno customers or applicants.

Self-referrals are not permitted.

Juno Referral Program payments will not be made for borrowers who have been referred to Juno through one of our partners or affiliates.

Referral Tracking

Referrals must be made through the Juno website and/or via Email to support@joinjuno.com.

Juno must be made aware of the referral by either the referred borrower or the referring person.

Juno does not guarantee that mechanisms put in place for automatically tracking referrals will work flawlessly. If you find that referred borrowers are not properly attributed to you, Juno will work with you to remedy the situation. Juno retains all discretion in determining which borrowers were referred by you.

To determine the number of referred members that take the negotiated loan, we may use a variety of methods. Some of these methods may be estimates. If the estimates are lower than your expectation, we will work with you to remedy the situation.

Right to Cancel and/or Change Terms

Juno may discontinue and/or modify the rewards and other terms of the Juno Referral Program at any time.

Juno reserves the right to close the account(s) of any Referrer and/or Referred Borrower and to request return of rewards if the Referrer and/or Referred Borrower attempts to use the Juno Referral Program in a questionable manner or breaches any of these Terms & Conditions or is in violation of any law, statute or governmental regulation.

Receiving Rewards

In order to receive your referral payment, you will need to provide Juno with necessary information including your address (for those receiving payment by check or physical rewards) and your social security number. If Juno does not have this information, we will reach out to you to obtain, but will not make payment until we have it.

No third parties outside of the referrer and the referred borrower may receive referral payment.

There is no limit to how much you can earn.

Juno will report to the IRS the value of any Student Loan Referral Program rewards. Any applicable taxes are the responsibility of the recipient.

Payments will be made within 4 weeks after we receive our referral fee from the lender for the closed loan.

If you qualify for a prize and have no use for the prize or do not wish to receive the prize, you may request Juno for an alternate prize of equal or lesser value. Juno, at its sole discretion will decide if the alternate prize can be rewarded.

Eligibility

Employees and contractors of LeverEdge Association are ineligible to participate in the Juno Referral Program.