Helping families plan & pay for college

Education Finance Council (EFC) is the national trade association representing nonprofit and state-agency student loan organizations. As state-based, nonprofit entities, EFC members are driven by a public purpose mission to expand borrowers’ financial knowledge, prevent over-borrowing, and promote positive repayment behavior.

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

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EFC Featured Member

ALL Student Loan, a California nonprofit organization, is dedicated to providing resources and programs for students and families so they can succeed in education beyond high school.

ALL’s charitable activities have focused on the Career & College Clubs (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.


nonprofit & State-based Refinancing Programs

Eleven EFC Members offer education refinancing loans.

These nonprofit and state-based education refinancing programs make education debt more manageable for families by providing a refinancing tool that consolidates high-interest rate education loans into a single loan, reducing monthly payments and, in many cases, overall debt burden.

Find a nonprofit. state-based refinancing program here.

EFC in the News more

8/11/2016The Washington Post


8/5/2016The Bond Buyer

Calendar more

2016 EFC College Success Committee Roundtable

9/15/2016 » 9/16/2016
2016 EFC Mid-Year Membership Meeting