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 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 while providing a wide array of college access and student success services and resources.

 Read More

EFC Featured Member


Midwestern University is a not-for-profit University that provides graduate and postgraduate education in the health sciences, including osteopathic medicine, pharmacy, physician’s assistant studies, physical therapy, occupational therapy, biomedical sciences, podiatry, clinical psychology, cardiovascular science, nurse anesthesia, dentistry, optometry, veterinary medicine, speech language pathology, and graduate education programs.

Midwestern University has three campuses: two located on 117 acres in Downers Grove, Illinois (the Downers Grove campus, which includes the Midwestern University Clinical Teaching Campus), and one located on 150 acres in Glendale, Arizona (the Glendale Campus).

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


12/9/2016Politico Pro

11/26/2016Delaware State News

Calendar more

3/9/2017 » 3/10/2017
2017 EFC Annual Membership Meeting