Empower Your Employees for
a Brighter Future

Our ELFI for Business Program
is Designed to Help Employers to:

  • Be a leader in cutting-edge HR benefits
  • Attract and retain top talent
  • Offer incentives through employee contributions

Simple & Seamless Solution

Connect to our ELFI for Business site right from your HR portal. Multiple ways to contribute to employees’ student loan debt. Educational resources like newsletters, New Hire onboarding booklets, webinars, onsite consultations, and student loan calculator.

Student Loan Debt

A Growing Concern for Young Professionals

86% of Workers Would Commit to a Company for 5 YEARS if They Helped to Pay Off Student Loans1

3 in 5 Paying Off Student Loans is a Priority Over Saving for Retirement1

Would Take a Sign On Bonus for Student Loan Debt Specifically1

4 in 10 Adults (Under 30)  Have Student Loan Debt2

The College Graduate on Average Borrows

$25,000

College Graduate

College Graduate average monthly payment is $265.2

$45,000

Grad School Graduate

Graduate School Graduate average monthly payment is $522.3

$140,616

Law Graduate

Law Graduate average monthly payment is $1,634.4

$200,000

Medical Graduate

Medical Graduate average monthly payment is $1,600.3

ELFI customers save an average of $282 a month or $26,215 in total savings.*

*Customer Total Savings – Average Customer total saving calculation of $26,215.92 total savings is based on information provided by Education Loan Finance customers who refinanced their student loans between 08/16/2016 and 10/07/2017. While these amounts represent average amounts saved, actual amounts saved will vary depending upon a number of factors.

* All calculations are estimates based upon the employee loan details and employer contribution information provided and assume a fixed interest rate and corresponding APR. Monthly payments for loans with a variable interest rate are subject to change. Calculations also assume that the borrower makes full, on-time payments throughout the life of the loan. In addition, to any employer contribution. Actual savings will vary based upon a number of factors.

 The ELFI Difference

Backed by an FDIC regulated bank

Personal Loan Advisors assigned to each applicant

Available Nationwide to U.S. & Puerto Rico

Over 30 years of student lending experience

See What Our Customers Are Saying

 Let’s Start Discussing These Benefits

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 References

1 www.asa.org/wp-content/uploads/2017/06/asa_young_worker_and_student_debt_survey_report.pdf
2 www.pewresearch.org/fact-tank/2017/08/24/5-facts-about-student-loans/
3 www.hrdive.com/news/can-employers-help-solve-the-student-debt-problem/507960/
4 www.cometfi.com/blog/6-things-i-wish-i-had-known-about-student-loans-before-law-school

ELFI | Education Loan Finance | 844-601-ELFI

© 2015-2018 ELFI Education Loan Finance from SouthEast Bank®. All rights reserved. All loans are subject to credit approval. The borrower must consent to the sharing of certain personal information related to their ELFI loan with the employer. See Terms and Conditions.

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