The American Association of Endodontists (AAE) is partnering with SoFi through its SoFi at Work program to offer student loan refinancing options, including low-variable and fixed rates with terms ranging from five to 20 years, with an additional rate discount of 0.25%. Dental residents can refinance as well and pay $100 per month through the end of their residency. Parent PLUS loans can be refinanced as well.
“The high cost of a dental or medical education is a crippling problem and threatens the future of our specialty,” said AAE president Keith V. Krell, DDS, MS, MA. “Helping with debt relief is a major ongoing initiative of the AAE, and we believe this partnership with SoFi is a big step towards that end, along with continuing to support legislation that funnels more money into dental schools so that unreasonable tuition costs can be offset.”
“People often face a hard choice between saving for retirement or paying down student debt when the answer is they should and can do both,” said Jennifer Nuckles, head of partnerships at SoFi. “Forward-thinking associations like AAE are thinking about the most meaningful ways to address these stresses and their employees’ overall financial wellness.”
According to the AAE and SoFi, benefits include:
- Discounts:AAE members, friends, and family receive a 0.25% rate discount upon refinancing through sofi.com/aae.
- Savings:SoFi borrowers can save thousands when they refinance to a lower rate or shorter repayment term over the life of the loan.
- Rates:Low fixed and variable rates are available.
- Simplicity:SoFi can refinance both federal and private student loans with an easy, online application designed to be completed quickly.
- Perks:AAE members who refinance with SoFi also become SoFi members, which unlocks benefits including career services, unemployment protection, and member events.
- No hidden fees:No application fees, origination fees, or prepayment penalties are involved.
The partnership joins AAE Advantage, which also includes PBHS (website design), TSYS (credit card processing), and Treloar & Heisel (financial services).
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