View OfferSecure site · Updated July 2026
- Fixed APR range
- 4.24%–14.22%
- Variable APR range
- 5.28%–13.85%
- Loan amount
- $1K–100% of costs
- Cosigner release
- After 36 payments
Why it stands out
ELFI highlights
- Dedicated personal loan advisor for every borrower
- No application, origination, or prepayment fees
- Strong lineup of graduate and professional school loans
- Competitive fixed rates for well-qualified applicants
The verdict at a glance
Pros and cons
Pros
- Hands-on advisor support is unusual in this market
- Clean fee structure with no hidden charges
- Solid fit for grad and professional degree financing
Cons
- Cosigner release only after 36 consecutive on-time payments
- Higher credit and income bar than most competitors
- Fewer undergrad-focused features and perks
Our full review
Our take on ELFI
ELFI, short for Education Loan Finance, pairs every borrower with a dedicated student loan advisor from application through payoff. It leans toward graduate and professional students, with no origination or prepayment fees but stricter credit requirements.
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Figures shown are illustrative editorial examples and may change. Confirm current rates, fees, and terms on ELFI’s own site before you apply.
The alternatives
How ELFI compares
Other top-rated lenders in Student Loans. Compare the numbers side by side before you decide.
| # | Provider | Rating | Fixed APR range | Best for | |
|---|---|---|---|---|---|
| 1 | Sallie Mae | 3.49%–15.49% | Undergrads who want proven scale | See Rates | |
| 2 | College Ave | 3.59%–16.99% | Borrowers who want to shape repayment | See Rates | |
| 3 | SoFi | 3.42%–15.86% | Strong-credit students chasing low APR | See Rates | |
| 4 | Earnest | 3.69%–16.49% | Students who value repayment breathing room | See Rates |
- Sallie Mae4.9Best for Undergrads who want proven scale
- College Ave4.8Best for Borrowers who want to shape repayment
- SoFi4.6Best for Strong-credit students chasing low APR
- Earnest4.5Best for Students who value repayment breathing room