AACD Announces Preferred Pricing Partnership with SoFi

May 18, 2018 by†AACD Executive Office

In dental school youíre taught all you need to become a successful dentistóbut what you donít learn is how to effectively handle your dental school debt. Thatís why the AACD has partnered with SoFi. This companyís radical approach to lending and wealth management means unprecedented products and tools to faster service and open conversations. They are all about helping their members get ahead and find success, and so is the AACD.

One common confusion that SoFi has been able to clear up is the difference between Direct Consolidation and Private Student Loan refinancing.†Theyíve outlined the main differences in these programs below:

Student Loan Consolidation

  • Direct consolidation loan is a government program that allows you to combine multiple federal education loans into a single loan.

  • The resulting interest rate is a weighted average of your prior loan rates.

  • If your monthly payment decreases, itís likely the result of lengthening the term, which can mean paying more interest over time.

  • Because the interest rate is not reduced, federal student loan consolidation is generally not a money-saving option.

Student Loan Refinancing

  • SoFi will consolidate and refinance both federal and private student loans.

  • When a private lender consolidates your student loans, what they are really doing is refinancing your loans.

  • Through private student loan consolidation, you will receive a new (hopefully lower) interest rate, based on your current financial picture.

  • If you have good credit and a strong financial picture, you could get a lower interest rate and see substantial savings through refinancing.

    If you have good credit and a strong financial picture, you could get a lower interest rate and see substantial savings through refinancing.

Now, because of our partnership with SoFi, AACD members receive a preferential .25% rate discount when applying through SoFi.com/AACD.†

Find out what rates you qualify for in 1 minute at SoFi.com/AACD or reach out to mpitzer@sofi.org with any questions about this partnership.

Featured Stories

As a dentist, you know that your website is frequently used as a primary resource of information for your current and po... Read More
Whether you are flying solo or bringing the whole office team and family to AACD Orlando 2022, you'll find that Orla... Read More
AACD Orlando 2022 educator, Susan McMahon, DMD, AAACD, recently published Selfie Culture, Young Adults, and Cosmetic Den... Read More
by Michael DiFrisco, CAE † Find your dental DNA, and more, with the Cosmetic Dental Marketing Institute, the ultimate on... Read More

Facebook Feed

Twitter Feed

Connect with Us
American Academy of Cosmetic Dentistry
402 W. Wilson Street
Madison, WI 53703
United States of America


Contact Us
© 2022 American Academy of Cosmetic Dentistry

This website uses cookies. Cookies are little files placed on your device that help us keep members signed in, help members access their member benefits, help us understand how visitors use our website, and help us provide relevant marketing messages. Read more about our cookies policy here. By using our site, you consent to our use of cookies