*Subject to credit approval. Terms and conditions apply.

Make the right financial choice.

There are many options when it comes to consolidating or refinancing your student loans. Fortunately, ELFI – the education loan finance program offered by SouthEast Bank – is completely focused on optimizing the best repayment strategy for your specific situation and goals.

You could save hundreds each month and thousands over time.

– it pays to choose ELFI –


ELFI offers flexible student loan refinancing terms that could help you lower your monthly payment or get a lower interest rate. We have plans that can meet a variety of budgets. With rates as low as 2.10% APR variable or 3.35% APR fixed and terms from 5 years to 20 years, we have options that could help save you money.


We provide customer service and consistent communication that’s clear and easy to understand. Every step of the student loan refinancing process: we’ve got your back. Our experienced customer care specialists can help you find the right loan, with the right term, that works for you!


We know you need a lender that moves fast. The time it takes to apply online? Minutes. Our student loan refinance experts are here to help if you have any questions. Our easy application process is simple and streamlined- it’s a smarter way to refinance your student loans.

Earn an Extra $100

Refinancing your student loans with ELFI is already rewarding, but we have an extra reason for you to speed up the process: earn $100 bonus cash with the ELFI Fast Track Bonus! Learn more about the Fast Track Bonus Program.

Fast Track Your Savings with ELFI

Refer a Friend and Earn Even More

Earn an Extra $400 or More

When a new customer refinances an education loan with ELFI through your referral link, you’ll get $400 and your friend will get $100. Learn more about the Referral Program. There is no limit to the number of people you can refer!


  • I was able to shorten my repayment term by five years, while still making the same payment. And, it is a simple interest loan that allows me to easily pay ahead on the principal. With my savings, I will be able to pay off my student loans faster and this gives me peace of mind! It was very convenient - everything was done online. Fast, simple, easy, great service, and great rates. It doesn't get any better than this. Each month I see the reduction in principal on my loan and it makes me feel good.
    Julia Shortened Her Term (Julia S., Indian Harbour Beach, Florida)
  • I had been making on time payments [on my student loans] for eight years and found myself deeper in debt than the original loan because of variable interest rates. Before refinancing to a fixed rate loan, I was 26 years away from being debt free. ELFI just gave my family a light at the end of the tunnel. Now, my monthly payment is basically the same as before, but I'll be debt free in 10 years.
    Nikki cut 16 years off her loan and is making the same payment (Nikki F., Wapakoneta, OH)
  • I went from a 30-year loan at 6-8% to a 5-year loan at 3.49%. I'll save close to $200,000, which I'll use to pay off my house and save for retirement. The first bank I went to seemed indifferent to helping me, but ELFI was always going above and beyond to help me get my loan approved. I've recommended ELFI to several of my friends.
    Andrea will save close to $200,000 (Andrea C., Knoxville, TN)
  • I chose ELFI because they gave me the lowest interest rate. I am now saving $500 each month, which I am going to use to contribute to my 401(k) and my ROTH IRA. I have told all of my friends with loans about ELFI. One thing that was special about my service with ELFI is that there is no pre-payment fee.
    Shelly is saving $500 each month (Shelly L., Atlanta, GA)
  • The average interest rate I was paying on the government funded loans decreased approximately 4%. This will be approximately $37,000 in interest savings. My experience with the customer service personnel at ELFI was great - they made sure I understood each and every step of the process and kept me informed of the status of my loan.
    Lauren will save $37,000 in interest (Lauren P., Knoxville, TN)
  • I found the website looking online for loan consolidation. I'm now saving $274 per month and I plan on spending it for rent in a new house. The customer service was excellent throughout the entire process.
    Andrew is saving $274 per month (Andrew C., Wilmot, OH)

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