1To begin the qualification process for the Student Loan Planner sign on bonus, customers must apply from the link provided on www.elfi.com/student-loan-planner.
Customers who are approved for and close a loan of at least $50,000 will receive the $300 to $775 bonus through a reduction in the principal balance of their Education Loan Finance loan when your loan has been disbursed.
For the $775 bonus associated with refinancing at least $150,000, Student Loan Planner will send you a $500 gift card via Giftly, which can also be redeemed as a deposit to your bank account or PayPal account. Upon disbursement of a qualifying loan, Student Loan Planner will send via email a $500 Giftly gift card within 7 business days of the last day of the month in which the qualifying loan was disbursed. For Student Loan Planner to send the $500 gift card, the borrower must notify Student Loan Planner that a qualifying loan was refinanced through the site, as Elfi does not share the names of borrowers. A borrower may contact Student Loan Planner to redeem a gift card under this program via email only, via help AT studentloanplanner DOT com, or any other studentloanplanner DOT com email that the borrower may be aware of. If a borrower does not claim their $500 gift card within 6 months of a loan disbursement, the borrower forfeits their right to claim said gift card.
The amount of the bonus will depend on the total loan amount disbursed. In order to receive this bonus, customers will be required to complete and submit a W9 form with all required documents. Taxes are the sole responsibility of the recipient. A customer will only be eligible to receive the bonus one time. New applicants are eligible for only one bonus. A new applicant is defined as an individual who has not had an open account with Education Loan Finance within the past 12 months. If the new applicant was referred using the referral bonus, they will not receive the bonus provided via the referring party. If the new applicant becomes an ELFI customer, they may participate in the referral bonus by becoming the referring party. Additional terms and conditions apply.