U-Fi Review  

By loansmack


Key Features

  • Student loans for undergraduates, graduates, and parents.
  • Refinance student loans for former students and parents.
  • Can apply with & without a cosigner; cosigner release offered.
  • 5, 10, 15, 20 year repayment terms. 
  • Undergrad Rates:  Variable Rates - 3.14% – 11.14%  Fixed Rates - 5.74% – 11.90%.
  • Graduate Rates: Variable Rates - 3.14% – 10.79%  Fixed Rates - 5.74% – 11.45%.  
  • Refinance Rates: Variable Rates - 2.79% – 8.14%  Fixed Rates – 3.35% – 8.24%.  
  • No origination fees or prepayment penalties.
  • Interest-rate reduction of 0.25% if you enroll in Auto Pay.

About U-Fi

Established in 2015, U-Fi is a parternship between Nelnet (a student loan originator ans servicer) and other financial institutions.  U-Fi allows students to take out loans to pay for college (through its partners Citizens & Discover), as well as refinance student loans for people that have already graduated.  


  • Quick Application Process – You can apply in a few minutes.
  • Interest-rate reduction of 0.25% if you enroll in Auto Pay.
  • Loyalty Discount - You will get an additional 0.25% off your rate if you or your cosigner has an account with Citizens Bank (as they partner with U-Fi). 
  • No origination fees or prepayment penalties.


  • Rates – Since U-Fi allows student loans to people that have trouble finding a cosigner, its rates are higher than if you applied with a cosigner.

How to get started with U-Fi

You can get started with U-Fi through their online process.  Remember, when you get a rate estimate from a lender, this involves a 'soft credit' check, which will not affect your credit score.  When you decide to actually apply for a loan, the lender will do a hard credit pull which will slightly affect your credit score.

Documents you'll need for when applying to most lenders:

  • Government ID (passport, driver's license, green card).
  • Income verification (if applicable); this can include pay stubs, W-2's, etc.
  • Social Security number.