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 the past year, 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 New Mexico Educational Assistance Foundation (NMEAF) is a private non-profit 501(c)(3) organization established by the New Mexico State Legislature in 1981.


NMEAF’s mission is to promote the public welfare and prosperity of the people of New Mexico by stimulating the availability of financial assistance for post-secondary educational opportunities. NMEAF organizes, facilitates and hosts FAFSA trainings, FAFSA workshops, and financial literacy events for all students and their families.

NMEAF partners with educational institutions and nonprofit organizations across New Mexico in the FAFSA & College Application Completion Process. This collaborative called the College Connect New Mexico assists high school counselors across the State of New Mexico with focuses on higher education access and funding for first-generation, foster and homeless youth, and low-income students and their families.


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.

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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