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Our customers have reported that they are saving an average of $309 every month and should see an average of $20,936 in total savings after refinancing their student loans with Education Loan Finance.*

* Average savings calculations are based on information provided by SouthEast Bank/ Education Loan Finance customers who refinanced their student loans between 8/16/2016 and 10/25/2018. While these amounts represent reported average amounts saved, actual amounts saved will vary depending upon a number of factors.

So Many Ways to Save

Interested in increasing your monthly savings or perhaps lowering the total cost of your loan? Our easy tool allows you to get an estimate for what you could save by refinancing with ELFI.

Refinancing Student Loans is Simple

We know that financing an education is a reality most students face. That’s why we work hard to make the refinancing process simple and convenient, so you can focus on what matters most – your bright future.

With ELFI, You’ll Never Pay:

• Application fees
• Origination fees
• Prepayment penalties

Pre-qualification does not affect your credit score.

1

PREQUALIFICATION

See personalized savings in minutes.

2

APPLY

Explore options and select a plan with the best rates and terms to fit your needs.

3

UPLOAD & SIGN

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

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.*

Variable Rate Loans
5 Year

$447.00

TO

$471.67

MONTHLY PAYMENTS

2.8% - 4.99% APR
60 Payments
Total Payments
$26,820 - $28,300
7 Year

$338.28

TO

$354.99

MONTHLY PAYMENTS

3.7% - 5.14% APR
84 Payments
Total Payments
$28,416 - $29,819
10 Year

$255.62

TO

$269.96

MONTHLY PAYMENTS

4.21% - 5.39% APR
120 Payments
Total Payments
$30,674 - $32,395
15 Year

$191.38

TO

$207.60

MONTHLY PAYMENTS

4.51% - 5.75% APR
180 Payments
Total Payments
$34,448 - $37,368
20 Year

$162.38

TO

$179.25

MONTHLY PAYMENTS

4.81% - 6.01% APR
240 Payments
Total Payments
$38,971 - $43,020
Fixed Rate Loans
5 Year

$452.45

TO

$483.20

MONTHLY PAYMENTS

3.29% - 5.99% APR
60 Payments
Total Payments
$27,147 - $28,992
7 Year

$338.51

TO

$370.99

MONTHLY PAYMENTS

3.72% - 6.48% APR
84 Payments
Total Payments
$28,435 - $31,163
10 Year

$252.99

TO

$286.29

MONTHLY PAYMENTS

3.99% - 6.69% APR
120 Payments
Total Payments
$30,359 - $34,355
15 Year

$191.25

TO

$220.40

MONTHLY PAYMENTS

4.5% - 6.69% APR
180 Payments
Total Payments
$34,425 - $39,672
20 Year

$164.57

TO

$189.20

MONTHLY PAYMENTS

4.97% - 6.69% APR
240 Payments
Total Payments
$39,497 - $45,408

The ELFI Difference

Some of the Lowest
Rates Available

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

First place ribbon icon
Expertise That’s Second
to None

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

Fast and
Easy Process

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

Personal Loan Advisors

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

Service Coast to Coast

We lend across the entire U.S. and Puerto Rico.

What Our Customers Are Saying

*The interest rate and monthly payment for variable rate loans may increase after closing. Your actual interest rate may be different from the rates in the examples provided. Interest rates are determined based on multiple factors like the term of the loan, a borrower’s (or cosigner’s) financial history, and credit score.
To qualify for student loan refinancing with Education Loan Finance, you must meet the following criteria:
• Must have a minimum loan amount of $15,000.
• Must have earned a Bachelor’s degree or higher from an approved post-secondary institution.
• Must have a minimum income of $35,000.
• Must have a minimum credit score of 680.
Click Here for Additional Requirements