Student Loan Refinancing Your Way

Savings, plain and simple. By refinancing your student loans with ELFI, you can pick the payment plan and terms that fit your life. See what you could save with our quick, no-obligation quote.


Our customers have reported that they are saving an average of $272 every month and should see an average of $13,940 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 2/7/2020 and 2/21/2020. 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 student loan? Our easy tool allows you to get an estimate for what you could save by refinancing your student loans 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 student loan refinancing process simple and convenient, so you can focus on what matters most – your bright future.

With ELFI, You Won’t Pay:

• Application fees
• Origination fees
• Prepayment penalties

Flexible Student Loan Refinancing Options

Below are sample payments for a $25,000 loan using each of Education Loan Finance’s student loan refinance options.*

Rate Loans

5 Year





2.39% - 4.99% APR

60 Payments

Total Payments
$26,548 - $28,300

7 Year





3.94% - 5.14% APR

84 Payments

Total Payments
$28,647 - $29,819

10 Year





4.05% - 5.39% APR

120 Payments

Total Payments
$30,445 - $32,395

15 Year





4.30% - 5.75% APR

180 Payments

Total Payments
$33,966 - $37,368

20 Year





4.64% - 6.01% APR

240 Payments

Total Payments
$38,414 - $43,020

Why Refinance with ELFI?

Some of the Lowest
Rates Available

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

Expertise That’s Second
to None

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

Fast and
Easy Process

Secure your personalized student loan or refinancing 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

ELFI private student loans and student loan refinancing are available across the entire U.S. and Puerto Rico.