Optometry Student Loans

Curious about your student loans?


Over 40 million Americans hold $1.4 trillion in student loan debt. Corporate Optometry’s partner, SoFi, answers some commonly asked questions1 about student loan refinancing.


Who should refinance?

Refinancing is a great solution for working graduates who have high-interest, unsubsidized Direct Loans, Graduate PLUS loans, and/or private loans. Federal loans do carry some special benefits, for example, public service forgiveness and economic hardship programs, that may not be accessible to you after you refinance.


What is a direct consolidation loan?

A 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.


What is the difference between consolidation and refinancing?

When you consolidate federal loans through the federal loan consolidation program, you’re combining multiple loans together with a resulting interest rate that’s the weighted average of your original loans’ rates.  When you refinance loans with a private lender, you’re also consolidating (i.e. combining) them, but the lender will use your financial information to give you a new, hopefully lower, interest rate.


Corporate Optometry has partnered with SoFi to offer our members and their families a $150 welcome bonus2 upon refinancing their student or Parent PLUS loans through SoFi.com/CorporateOptometry.


  1. Tammie on July 6, 2017 at 4:47 pm

    This is truly useful, thanks.

  2. Vicente on July 23, 2017 at 5:13 pm

    I spent a lot of time to find something like this

Leave a Comment