Subject to credit approval. Program requirements apply. Limit one $400 cash bonus per referral. Offer available to those who are above the age of majority in their state of legal residence who refer new customers who refinance their education loans with Education Loan Finance. The new customer will receive a $100 principal reduction on the new loan within 6-8 weeks of loan disbursement. The referring party will be mailed a $400 cash bonus check within 6-8 weeks after both the loan has been disbursed and the referring party has provided ELFI with a completed IRS form W-9. Taxes are the sole responsibility of each recipient. While referrers can refer multiple borrowers and receive multiple referral bonuses, this offer is not valid for referrers who refer current ELFI customers who refinance their existing ELFI loans or customers who have refinanced with ELFI previously. Additional terms and conditions apply. Offer is subject to change without notice. Employees of SouthEast Bank and its affiliates are not eligible. The referred party must start their application using the referral link to receive the referral bonus. The minimum refinance balance required to refinance with ELFI and obtain the bonus is $10,000.