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 Minnesota Office of Higher Education is a cabinet-level state agency providing students with financial aid programs and information to help them gain access to postsecondary education. The agency also serves as the state’s clearinghouse for data, research and analysis on postsecondary enrollment, financial aid, finance and trends.


The Minnesota State Grant Program is the largest financial aid program administered by the Office of Higher Education, awarding more than $198 million in need-based grants to Minnesota residents attending eligible colleges, universities and career schools in Minnesota.

 

The agency oversees other state scholarship programs, tuition reciprocity programs, a student loan program, a student loan refinancing program, Minnesota’s 529 College Savings Plan, licensing and an early college awareness program and initiatives for youth.

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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Calendar more

3/13/2019
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