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Empowering Student Loan Planner Readers

Variable rates from 1.86% APR / Fixed rates from 3.39% APR*

Refinance federal and private education loans and lower your monthly payments or total student loan costs. Our management team has over 30 years of experience in the student lending business, and our experts know how best to meet our customers’ goals and the flexible repayment terms for even more savings.

Plus, earn a $300 to $1,275 bonus for refinancing with ELFI.1

$300 bonus for $50K+ refinanced
$575 bonus for $100k+ refinanced
$775 bonus for $150k+ refinanced, plus a $500 gift card from Student Loan Planner2 (total bonus of $1,275) learn more

It’s a Smarter Way to Refinance Your Education Loans

See What Our Customers Are Saying

Loans to fit your budget

Below are sample payments for a $25,000 loan using each of Education Loan Finance’s student loan refinance options. The interest rate and monthly payment for variable rate loans may increase after closing. Your actual interest rate may be different than the rates in these examples and will be based on the term of the loan, your financial history, and other factors, including your cosigner’s (if any) financial history.
To qualify for refinancing or student loans consolidation through Education Loan Finance, you must have at least $15,000 in student loan debt and must have earned a bachelor’s degree or higher from an approved post-secondary Education Loan Finance institution. All rates are subject to change without notice. All loans are subject to credit approval. Additional terms and conditions apply.
Variable Rate Loans
5 Year

$436.66

TO

$485.53

MONTHLY PAYMENTS

1.86% - 6.19% APR
60 Payments
Total Payments
$26,200 - $29,132
7 Year

$344.49

TO

$375.12

MONTHLY PAYMENTS

4.24% - 6.82% APR
84 Payments
Total Payments
$28,937 - $31,510
10 Year

$257.17

TO

$291.04

MONTHLY PAYMENTS

4.34% - 7.06% APR
120 Payments
Total Payments
$30,860 - $34,925
15 Year

$192.40

TO

$232.75

MONTHLY PAYMENTS

4.59% - 7.57% APR
180 Payments
Total Payments
$34,632 - $41,895
20 Year

$159.52

TO

$208.80

MONTHLY PAYMENTS

4.60% - 7.98% APR
240 Payments
Total Payments
$38,285 - $50,112
Fixed Rate Loans
5 Year

$453.56

TO

$483.20

MONTHLY PAYMENTS

3.39% - 5.99% APR
60 Payments
Total Payments
$27,214 - $28,992
7 Year

$342.18

TO

$368.70

MONTHLY PAYMENTS

4.04% - 6.29% APR
84 Payments
Total Payments
$28,743 - $30,971
10 Year

$258.98

TO

$283.74

MONTHLY PAYMENTS

4.49% - 6.49% APR
120 Payments
Total Payments
$31,078 - $34,049
15 Year

$194.97

TO

$221.78

MONTHLY PAYMENTS

4.79% - 6.79% APR
180 Payments
Total Payments
$35,095 - $39,920
20 Year

$164.85

TO

$193.67

MONTHLY PAYMENTS

4.99% - 6.99% APR
240 Payments
Total Payments
$39,564 - $46,481

Why Choose Education Loan Finance?

Save Money Right Now

With a lower rate or a longer term Rates as low as 1.86% APR variable* or 3.39% APR fixed and terms from 5 to 20 years. You could save hundreds each month and thousands over time.

Save Money Over Time

With a lower rate or shorter term Reduce the total interest you’ll pay. We also have no application fees, origination fees, or prepayment penalties.

Gears icon
Customize a Repayment Plan

Flexible options for your needs Loan amounts from $15,000 and up*. Consolidate multiple loans (federal and private) into one easy monthly payment.

Make the right financial choice by refinancing your student loans with Education Loan Finance. You’ll like having choices when it comes to managing your education loans.

CONTACT US

Reach out via phone, email, or contact form.

CALL/TEXT:
1-844-601-ELFI (3534)

EMAIL:
answers@ELFI.com

HOURS
Monday – Thursday:
8:00 am – 8:00 pm

Friday:
8:00 am – 5:00 pm

Saturday & Sunday:
10:00 am – 4:00 pm

Ready to Get Started?

    Your Name (required)

    Your Email (required)

    Your Phone Number (required)

    Please describe your interest in refinancing your education loans with Education Loan Finance.

    1To begin the qualification process for the Student Loan Planner sign on bonus, customers must apply from the link provided on https://www.elfi.com/student-loan-planner. Customers who are approved for and close a loan will receive the $300-$775 bonus through a reduction in the principal balance of their Education Loan Finance loan when your loan has been disbursed. The amount of the bonus will depend on the total loan amount disbursed. In order to receive this bonus, customers will be required to complete and submit a W9 form with all required documents. Taxes are the sole responsibility of the recipient. There is a limit of one bonus per borrower. This offer is not valid for current ELFI customers who refinance their existing ELFI loans, customers who have previously received a bonus, or with any other bonus offers received from ELFI via this or any other channel. If the applicant was referred using the referral bonus, they will not receive the bonus provided via the referring party. If the applicant becomes an ELFI customer, they may participate in the referral bonus by becoming the referring party. Additional terms and conditions apply.
    2The 500.00 gift card will be provided by Student Loan Planner via a Giftly. Upon disbursement of a qualifying loan, Student Loan Planner will send via email a $500 Giftly gift card within 7 business days of the last day of the month in which the qualifying loan was disbursed. For Student Loan Planner to send the $500 gift card, the borrower must notify Student Loan Planner that a qualifying loan was refinanced through the site, as ELFI does not share the names of borrowers. A borrower may contact Student Loan Planner to redeem a gift card under this program via email only, via help@studentloanplanner.com. If a borrower does not claim their $500 gift card within 6 months of a loan disbursement, the borrower forfeits their right to claim said gift card.
    *Education Loan Finance is a nationwide student loan debt consolidation and refinance program offered by Tennessee based SouthEast Bank. ELFI is designed to assist borrowers through consolidating and refinancing loans into one single loan that effectively lowers your cost of education debt and/or makes repayment very simple. Subject to credit approval. See Terms & Conditions. Interest rates current as of 07-01-2022. The interest rate and monthly payment for a variable rate loan may increase after closing, but will never exceed 9.95% APR. Interest rates may be different from the rates shown above and will be based on the term of your loan, your financial history, and other factors, including your cosigner’s (if any) financial history. For example, a 10-year loan with a fixed rate of 6% would have 120 payments of $11.10 per $1,000 borrowed. Rates are subject to change.