Update: Congress recently passed a law preventing further extensions of the federal student loan payment pause. Student loan interest will resume starting on Sept. 1, 2023, and payments will be due starting in October.

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You deserve great rates and flexible terms.

Student loan terms range from 5-15 years*, with student loan refinancing terms ranging from 5-20 years*. Our parent loans offer flexible terms from 5-10 years*. All student loans have the option of low fixed or variable rates, and best of all, you can prequalify in minutes. Go ahead, empower your future.

Simple. Smart. Secure.

There’s a smarter way to manage your student loans. At ELFI, we offer a simple online application process paired with guidance from a Student Loan Advisor who’s here to help every step of the way. Best of all, you can prequalify in minutes, without it impacting your credit score.

With ELFI, You Won’t Pay:

• Application fees
• Origination fees
• Prepayment penalties

Pre-qualification does not affect your credit score



See personalized rates in minutes, without affecting your credit score.



Explore options and choose which plan has the best rates, terms and payments for your student loan needs.



Upload screenshots or smartphone photos of your documents. Then sign your paperwork electronically!

The ELFI Difference

Some of the Lowest
Rates Available

We believe in rewarding financially responsible borrowers by providing some of the lowest student loan rates available.

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Expertise That’s Second
to None

Our ELFI management team has over 30 years of expertise in student loans and student loan refinancing.

Fast and
Easy Process

Secure your personalized student loan or refinancing options in just a few short minutes.

Student Loan Advisors

Our award-winning customer service team will guide you every step of the way.

Service Coast to Coast

ELFI private student loans and student loan refinancing are available across the entire U.S. and Puerto Rico.

Easier Student Loan Repayment

Refinancing with ELFI can help you save on interest, lower your monthly payment, or consolidate loans to make repayment easier.

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Our customers have reported that they are saving an average of $278 every month or will see an average of $20,774 in total savings after refinancing their student loans with Education Loan Finance.1

1Average savings calculations are based on information provided by SouthEast Bank/ Education Loan Finance customers who refinanced their student loans between 01/03/23 and 03/01/23. While these amounts represent reported average amounts saved, actual amounts saved will vary depending upon a number of factors.

What Our Customers Are Saying

ELFI in the Press

January 09, 2020
Education Loan Finance Surpasses $1 Billion in Student Loan Refinancing
This funding has positively impacted over 14,500 graduates, parents and cosigners.

The ELFI program began offering student loan refinance products in December 2015. “From the beginning, we felt our student loan borrowers deserved transparent information, a smooth digital experience, and to work with a company that has been committed to higher education for decades.” continued Thomas.  “I’m proud that we’ve helped over 14,500 student loan borrowers with competitive products, rates and our unique Personal Loan Advisor (PLA) customer service program to guide them through the process.”

Student Loan Refinancing & Private Student Loan Resources

Learn the basics of student loan repayment, student loan refinancing, and other strategies for achieving financial freedom.
*The interest rate and monthly payment for variable rate loans may increase after closing. For example, a 10-year loan with a fixed rate of 6% would have 120 payments of $11.10 per $1,000 borrowed. To qualify for refinancing or student loan consolidation through Education Loan Finance, you must have at least $10,000 in qualified student loan debt and must have earned a bachelor’s degree or higher from an approved post-secondary Education Loan Finance institution. Education Loan Finance Parent Loans are limited to a maximum of the 10-year term.