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.

 Read More

EFC Featured Member


The State Education Assistance Authority provides a number of services to the State of North Carolina, including: administering inter-institutional programs of student financial assistance, created by state and federal law and through private resources, designed to help North Carolinians meet the cost of higher education; publishing and distributing annual publications that assist students, parents, financial aid administrators and school counselors as they investigate financial assistance for postsecondary education; promoting access to financial aid opportunities through outreach activities with school counselors and financial aid administrators so they can assist students and families in planning for educational opportunities; administering North Carolina’s 529 National College Savings Program; administering State scholarship grants for parents sending children to private K-12 institutions; and assisting State government officials, the University of North Carolina, the North Carolina Community College System, and the North Carolina Independent Colleges and Universities in various matters pertaining to financial aid.


Check out EFC’s new White Paper, “Helping Families Plan & Pay for College: Recommendations for Improving Higher Education Financing.”

The paper highlights the important role of nonprofit and state-based student loan organizations and makes recommendations for improving higher education financing to better enable students and families to successfully plan for and finance their postsecondary goals. 

Read the full paper here.