ELFI Student Loan review: is it worth it?

Get the details on ELFI's student loan repayment program. See how much you could save by refinancing your student loans with ELFI.


ELFI Student Loan review and benefits: Up to 100% coverage and flexible rates

ELFI Student Loan logo
ELFI Student Loan review! Source: Stealth Capitalist

Are you looking for an affordable, low-cost education loan that won’t break the bank? Then check our ELFI Student Loan review! This option might be worth considering for many prospective students and their families.

ELFI Student Loan logo

ELFI Student Loan: how to apply now!

Applying for an ELFI Student Loan is easy! Enjoy low rates and several benefits. Keep reading and learn more!

We will overview what makes ELFI unique, who is most likely eligible for it, and your potential. If you’re considering applying for student loans from ELFI, read on!

APR2.69% (Fixed), 3.21% (Variable);
Loan PurposeUndergraduate loan, Graduate loan, Parent loan, and Refinance;
Loan Amounts$1,000 up to the amount approved by the schools for qualified educations expenses;
Credit Needed680 (good to excellent);
Origination FeeNone;
Late Fee5% of the past-due amount or $50, whichever is less;
Early Payoff PenaltyNone.

ELFI Student Loan: how does it work?

The ELFI Student Loan offers loans of up to 100% finance for students. Therefore, you can pay for your basic or advanced knowledge, such as postgraduate studies.

Also, it will have a small associated APR. Borrowers can count on 2.69% (Fixed) and 3.21% (Variable). Furthermore, payment is very flexible, and you can easily apply for refinancing.

The repayment terms of this loan can extend up to 10 years, with very affordable installments. In addition, you can count on the company’s online support to answer your questions 24 hours a day.

Is it worth it to apply for ELFI Student Loan?

Happy young woman sitting at the kitchen in home chatting
Learn ELFI Student Loan’s main features. Source: Freepik

The ELFI Student Loan has incredible benefits that can help every type of student. From graduation to post-graduation.

In addition, you, as a parent, can take out a loan in the child’s name to pay for school. However, you may encounter some fees associated with late payments. Check out what are the pros and cons!


  • Rates on refinancing and student loans below market;
  • Repayment terms of up to 10 years;
  • It is possible to finance loans in the Parent PLUS modality, in the name of the child;
  • Exclusive student loan counselor assistance;
  • Up to 100% financing.


  • Fee for late payments;
  • It is not possible to associate co-signer to refinance any type of loan;
  • Refinancing requires a high minimum amount of $1,000.

What credit scores are required for the application?

In this ELFI Student Loan review, you can see the main characteristics of this type of loan. However, what would be the credit score needed to apply?

According to the information on the site, you need a good or excellent score to apply. That is a score of more than 680 to be approved and have your money quickly.

ELFI Student Loan: applying for this loan today

In this ELFI Student Loan review, you discovered a great option to finance your long-term studies. However, knowing how to apply online is essential to enjoy the benefits. Check out this post and apply right now.

ELFI Student Loan logo

ELFI Student Loan: how to apply now!

Applying for an ELFI Student Loan is easy! Enjoy low rates and several benefits. Keep reading and learn more!

About the author

Sabrina Paes

Content Writer, Copywriter, and Ghostwriter. Content marketing professional with 5 years of experience. Specialist in investment, finance, and technology niche. MBA in Marketing at the University of São Paulo, Brazil. Content Writer by Rock Content, and University of California (UCDAVIS).

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