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 $1,275 bonus through a reduction in the principal balance of their Education Loan Finance loan when your loan has been disbursed.
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.
For the $1,275 bonus associated with refinancing at least $150,000, $500 of the bonus is provided by Student Loan Planner via Giftly, which can be redeemed as a deposit to your bank account or PayPal account. Upon disbursement of a qualifying loan, the borrower must notify Student Loan Planner that a qualifying loan was refinanced through the site, as the lender does not share the names or contact information of borrowers. Borrowers must contact Student Loan Planner by email at help [at] studentloanplanner.com to claim bonus offer. Student Loan Planner will confirm loan eligibility and, upon confirmation, will send via email a $500 e-gift card within seven business days following the last day of the month in which the qualifying loan was disbursed and confirmed eligible by Student Loan Planner. If a borrower does not claim the Student Loan Planner bonus within six months of a loan disbursement, the borrower forfeits their right to claim said bonus. The bonus amount will depend on the total loan amount disbursed. This offer is not valid for borrowers who have previously received a bonus from Student Loan Planner.