How Does Juno Work?
Juno operates on a simple yet powerful concept: the more people who join, the better the deals. Each year, students and graduates sign up and provide basic financial details (like credit score, income, and co-signer status). Juno then invites banks and lenders to compete for the group's business. The lender offering the lowest rates is selected, and members can choose to take advantage of the deal. Since 2018, Juno has helped over 201,000 members secure better rates, negotiating more than $982 million in student loans.
Rate Match Guarantee & Extra Savings
One of Juno’s standout features is its Rate Match Guarantee. If a borrower finds a lower rate for a comparable loan from an eligible lender after applying with Juno’s partner, Earnest, Earnest will match the rate—and throw in a cash bonus. Additionally, Juno offers a 1% cash-back bonus once the loan is disbursed, giving borrowers extra savings on top of the negotiated deal. The best part? Borrowers can shop around for rates, and as long as they apply within 14 days, multiple credit checks won’t hurt their score.
Loan Options for Every Type of Borrower
Juno provides a range of student loan solutions, including undergraduate and graduate loans, MBA loans, parent loans, and refinancing. For students pursuing higher education, Juno’s private loans often beat federal loan rates—especially for those with good credit or a qualified co-signer. Unlike federal loans, Juno’s options typically have no origination fees and more competitive interest rates. However, it’s important to note that Juno’s loans do not offer federal benefits like income-driven repayment or loan forgiveness.
For parents looking to finance their child’s education, Juno negotiates private loan deals that often have better rates than Parent PLUS loans. Parents can also benefit from a 2% cash-back bonus and the same rate match guarantee that Juno offers students. These loans can be a great alternative for families who need to borrow beyond federal loan limits.
Support for International Students & DACA Recipients
Juno understands the unique challenges faced by international students, which is why they offer co-signed and no co-signer loan options. Unlike many private lenders that require a U.S. co-signer, Juno helps international students access financing without one. For DACA recipients, Juno provides loans without requiring a co-signer, credit history, or collateral—making higher education more accessible. Additionally, Juno offers financing for students earning degrees abroad, partnering with lenders at over 1,985 universities worldwide.
Refinancing & Debt Management
For graduates looking to refinance their student loans, Juno negotiates exclusive deals with lenders like Earnest and SoFi, offering discounted rates and up to $1,000 in cash-back bonuses. Refinancing with Juno is a simple process—borrowers can compare offers in under 10 minutes using a soft credit check that won’t impact their score. Whether you're looking to refinance Parent PLUS loans, international student loans, or private loans, Juno provides flexible options that help reduce overall debt costs.
Beyond Loans: Financial Education & Resources
Juno isn’t just about loans—it’s also about empowering students and graduates with financial knowledge. The platform offers a scholarship hub, educational webinars, and refinancing calculators to help borrowers make informed decisions. By providing clear, transparent information, Juno ensures that students and families can navigate the borrowing process with confidence.
A Student-First Approach
Juno was founded with a mission: to fight for students and negotiate the best possible loan deals. What started as a small initiative by two Harvard Business School students has grown into a movement that saves borrowers thousands of dollars. By using the power of collective bargaining, Juno continues to help students, parents, and graduates access affordable financing for their education.
Final Thoughts
Student loans can be a major burden, but they don’t have to be. With Juno, borrowers can secure better rates, take advantage of exclusive savings, and reduce the long-term cost of their education. Whether you're applying for a student loan, refinancing existing debt, or exploring international student financing, Juno offers a smarter, more affordable way to borrow. So why pay more when you don’t have to? Join Juno today and start saving.