The ELFI Blog
Explore the ELFI blog for tips and strategies for paying off student debt faster, saving money, and achieving financial freedom.
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2021-09-14
Current LIBOR Rate Update: September 2021
Last Updated on January 7, 2022 Please Note: New variable rate ELFI loans applied for after 7:00 PM EST on […]
2021-09-13
Are You Financially Healthy? Here’s How to Find Out.
Finances can play a part in your overall health. Research has shown that being stressed about money can cause physical […]
2021-09-10
Expected Family Contribution (Student Aid Index) & Financial Aid
Navigating the financial aid process for college can be tedious. With all the terminology, acronyms and number crunching involved, it […]
2021-09-08
Can You Give Away Your Student Loans?
Last Updated on November 9, 2021 Note: Education Loan Finance only allows the transferring of parent loans to their child […]
2021-09-06
Student Loan Cash-Out Refinancing: Pros and Cons
What do student loan balances and home prices have to do with one another? If you’re a homeowner and have […]
2021-09-02
Scholarships for Latino & Hispanic Students
Last Updated on December 19, 2022 Paying for college can feel like a daunting task, especially if you’re not […]
2021-08-30
What Happens to Student Loans if You Move Abroad?
One of the most attractive aspects of moving abroad is the opportunity to leave your troubles behind and start […]
2021-08-27
Understanding Capitalized Interest and How to Avoid It
When you borrow money for school, interest starts accruing right away on most loans. But you may not always make […]
2021-08-25
How to Transfer Parent PLUS Loans to Your Child or Student
Some parents, in order to help their children pay for college, get a Parent PLUS loan to cover the costs. […]
2021-08-23
Federal Student Loan Forbearance Extended One Last Time
Last Updated on August 24, 2022
2021-08-18
Average Medical School Student Loan Debt
For some, becoming a doctor is a lifelong dream. And it’s true that the profession can lead to a six-figure […]
2021-08-16
How Student Loans Work
When you’re entering college, understanding how student loans work may not be on your priorities list. You’re thinking about what […]