ELFI Student Loan offers attractive interest rates and a low monthly payment, but one feature that isn’t available is co-signer release. Unlike other lenders, ELFI does not allow borrowers to release their co-signer from their student loan obligations.

Yes. The ELFI Student Loan is an exceptional service that has been around for 25 years and provides students with great financial options. ELFI was created as a division of SouthEast Bank, a trusted organization in the lending industry. ELFI Student Loan has successfully refinanced more than $1 billion worth of student loans as of January of 2020 and continues to provide remarkable services to current and prospective borrowers. Their mission is to help individuals reach their financial goals by making education loan repayment easier and more flexible.

To qualify, applicants must meet several requirements designed to ensure they are financially stable enough to take on the responsibility of a loan. These include being at least 18 years old or the age of majority in your state, being a U.S. citizen or permanent resident alien without conditions and with proper evidence of eligibility. Also, they must be enrolled in a program for a bachelor’s, master’s, or doctoral degree, attending an eligible school and having a valid Social Security number.