News & Media
MSMS Partners with SoFi
In our ongoing effort to bring additional value to your membership, the Michigan State Medical Society (MSMS) is pleased to announce our latest partnership with SoFi. As the largest provider of student loan refinancing, marketplace lender SoFi has extensive experience helping borrowers navigate the refinance landscape.
SoFi consolidates and refinances federal and private student loans in order to offer rates customized to you, creating meaningful savings. Upon refinancing through SoFi.com/MSMS, Michigan State Medical Society employees, family and friends receive a $500 Welcome Bonus.
Since 2011, SoFi has helped over 500,000 members across the country refinance over $30 billion in loans.
By going to SoFi.com/MSMS, members are able to check their rates within two minutes and with no impact on your credit score. SoFi is able to refinance student loans and Parent PLUS loans through SoFi.com/MSMS.
Additional benefits include:
- Serious savings: Members save thousands by refinancing.
- Low rates: Low variable and fixed rates with 5, 7, 10, 15 and 20-year repayment options.
- No extra fees: No application/origination fees or prepayment penalties -- ever.
- Simplicity: Consolidate all existing student loans (federal and private) into a single loan with one monthly payment.
- Support when needed: Access to live customer support 7 days a week.
- Membership perks: Exclusive networking events, financial workshops and more.
Residents can also benefit from SoFi through SoFi.com/MSMS to help ease their burden of debt.
SoFi Refinancing for Residents:
- Pay a minimum of $100/month for up to four years. If you have less than four years of your medical residency program, you are eligible to apply to refinance.
- Accrued interest does not compound while paying $100/month. This means you won't pay interest on interest while in your residency program.
- Residents with M.D./D.O. degree are eligible to apply; select "Grad Degree = MD/DO", and then "Medical Specialty = Other" during the application process.
- You must be refinancing a minimum of $10k in private or federal student loan debt in most states.
Receive a $500 Welcome Bonus by refinancing through SoFi.com/MSMS.
To learn more about SoFi's services, please contact Kevin McFatridge at (517) 336-5745 or email him at kmcfatridge@msms.org.
The Michigan State Medical Society is a professional association representing more than 15,000 Michigan physicians, furthering science, quality and ethics in the practice of medicine. To learn more about MSMS, please visit www.msms.org.