Helping families plan & pay for college

Education Finance Council (EFC) is the national trade association representing nonprofit and state-based higher education finance organizations. As state-based, nonprofit entities, EFC Members are driven by public-purpose missions to expand borrowers’ financial knowledge, prevent over-borrowing, and promote positive repayment behavior.

All EFC Members, as nonprofit, public-purpose organizations, strive to increase college access, success, and affordability in their states and nationwide, operating as loan servicers and supplemental loan originators and providing a wide array of college access and student success services and resources.

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EFC Featured Member


As not-for-profit entities, the ALL Student Loan family of companies (“ALL”) have been leaders in the student loan industry since 1980. For the past 31 years, ALL has provided a wide range of services for both government and private student loans. These services include loan originations, loan servicing, customer service, customer outreach, financial literacy, default prevention, and loan portfolio management and reporting. ALL continues to develop and enhance programs that promote our nonprofit mission to serve students and their families, as well as the post-secondary institutions of California and beyond.

ALL has developed programs to help students succeed in education beyond high school. Each program emphasizes the skills that are required for success at various stages of the student’s life and provide assistance when they need it most. For example, ALL’s charitable activities have focused on the Career & College ClubsSM (CCC) program. The CCC was developed by ALL to help middle school students plan for and assume responsibility for their future success. In just three years, more than 100 middle schools and nonprofit organizations have adopted the CCC program, reaching more than 25,000 students.

Recommendations for Improving Higher Ed Financing

Click HERE to read EFC's White Paper, "Helping Families Plan and Pay for College: Recommendations for Improving Higher Education Financing."

This white paper discusses how Education Finance Council (EFC) member organizations — nonprofit and state-based student loan organizations — serve as critical education funding resources while offering robust and innovative college access, counseling, and financial literacy programs. The paper also examines why EFC member organizations occupy a unique space in the broader higher education financing industry via a principles-based approach focused on the success of the borrower and their family.

The paper also outlines a number of policy recommendations that EFC believes will improve the higher education financing experience for borrowers and will help nonprofit and state-based student loan organizations more effectively carry out their missions to help students and families in their states successfully plan and pay for college.

EFC in the News more

9/14/2017The Bond Buyer

7/26/2017CQ Roll Call

7/18/2017The Washington Post

Calendar more

2018 EFC CXO Summit

3/8/2018 » 3/9/2018
2018 Annual Membership Meeting

9/6/2018 » 9/7/2018
2018 EFC Mid-Year Membership Meeting

2019 EFC CXO Summit

3/14/2019 » 3/15/2019
2019 Annual Membership Meeting