Helping families plan & pay for college

Education Finance Council (EFC) is the national trade association representing nonprofit and state-based higher education finance organizations. All EFC Members, as public-purpose organizations, strive to increase college access, success, and affordability in their states and nationwide, operating as supplemental loan originators and loan servicers while providing a wide array of college access and student success services and resources. In 2016, EFC Members directly worked with over 2.5 million families to help them successfully plan, save, and pay for college.

EFC Members, who are intimately involved with their communities, have the knowledge necessary to serve the unique needs of their communities and states, and work to ensure that all families — especially middle-income borrowers and first-generation or low-income students with no family experience in the intricacies of education financing — are provided the tools and guidance they need to choose the best-fit school, borrow appropriately, complete their degree, maximize their earning potential, and successfully repay their loans.

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EFC Featured Member


The Louisiana Education Loan Authority (Lela) is Louisiana’s nonprofit resource for free FAFSA completion and college access services. Lela is a division of the Louisiana Public Facilities Authority (LPFA) — a nonprofit statewide public trust established to bring financing assistance and advantages to the people of Louisiana.

With a focus on FAFSA completion, Lela’s mission is to develop projects and programs which provide resources for college access and statewide outreach initiatives to help ensure students’ success on their path to and through college.


In 2017, Lela representatives awarded over $20,000 in scholarships, assisted over 7,000 students and their families with completion of their FAFSA, coordinated or hosted nearly 250 FAFSA completion workshops, and distributed over 50,000 FAFSA completion and College Planning Guides to Louisiana high school students and parents.


Lela also assists families, one-on-one, with FAFSA Completion at its College Planning Center or through its FAFSA Helpline, (844) GO FAFSA.

Nonprofit & State-Based outreach programs

Over the past year, EFC Members directly worked with over 2.5 million families to help them successfully plan, save, and pay for college.


Check out EFC’s 2018 Data Report Book for in-depth info on these outreach programs.

EFC Members offer and partner with organizations in their state that offer assistance and individual counseling on every facet of the higher
education financing process.

These programs include college planning services, counseling on financial aid options and processes, assistance with understanding financial aid  award letters, providing financial literacy education, administering millions of dollars in state grants and scholarships, and assisting borrowers and their families with managing loan repayment.

Calendar more

2019 EFC CXO Summit

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

9/12/2019 » 9/13/2019
2019 EFC Education Finance Conference