Juno

Juno: collective student loan negotiation

Juno is a free membership service that brings together students and professionals to negotiate with lending institutions on their behalf. The company presents itself as an intermediary that uses group purchasing power to secure more favorable terms on private student loans and refinancing. According to data published on its site, more than 297,000 members have signed up and over $2 billion in loans have been processed at reduced rates, with discounts of up to 4% for members.

How the negotiation model works

The process unfolds in several stages throughout the year. First, interested parties sign up and provide basic information; registration is free, takes less than two minutes, and does not affect your credit score. Juno then organizes a bidding process in which lenders compete for the group's business. Once concluded, the company shares the negotiated offers with members, who are free to decide whether to accept them, with no obligation. The company is funded through fees paid by lenders on loans that are finalized, which allows the service to remain free for users.

Available products and services

Juno's offerings cover various types of financing and refinancing:

• Private student loans for undergraduate, graduate, MBA, law (JD/LLM), and healthcare students.
• Loans for international students and study abroad programs.
• Student loan refinancing, including Parent PLUS loans.
• International student loan refinancing.
• Rate Match Program, which allows you to compare and adjust rates.

The company also offers informational resources such as loan prep guides, budgeting tools and calculators, articles on personal and educational finance, and webinars led by student loan experts.

Member profile and reach

Juno is aimed at students, families, and professionals seeking financing for higher education. The site segments its resources by academic degree (undergraduate, MBA, medical, dental, graduate, healthcare, law) and by situation (refinancing, international students). The company states it has helped its members save through exclusive deals at no cost.

Origin and background

Juno was founded by Nikhil Agarwal and Chris Abkarians, who, after being admitted to Harvard and facing the high cost of tuition, brought together 700 students from 10 institutions to negotiate lower rates collectively. That experience gave rise to the company, which operates under the legal name LeverEdge Association, dba Juno.

Transparency and operations

The company maintains a policy of transparency about its revenue model and publishes information about state licenses and NMLS registration (ID# 2716735). Juno clarifies that it is not affiliated with or endorsed by the U.S. Department of Education and that the rates and terms offered depend on creditworthiness, loan term, and other factors. Rate discounts are not available with all partner lenders.

Location and contact

51 Pleasant St #250 Malden, MA 02148 · Phone: (339) 330-4147 · Email: hello@joinjuno.com