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.

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EFC Featured Member


MOHELA is dedicated to providing world-class customer service for the students whose loans they manage. As your knowledgeable and approachable go-to resource for account information and repayment options, MOHELA provides the tools to help you successfully repay your student loan. MOHELA is there to assist you!

Headquartered in St. Louis, Missouri, with an operating center in Columbia, Missouri, and office in Washington, DC, MOHELA’s prime focus is student loan servicing. Their expert and tenured staff of around 530 employees: are well-trained to understand Federal Policy and Regulations; are skilled in offering excellent customer service; and offer a personalized interaction to meet the unique needs of each student borrower they service.

As a nationally-recognized leader in student loan servicing and higher education financing, MOHELA provides informative and responsive interactions to each call and encounter to ensure each borrower has a positive experience.

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