The industry under consideration provides education loans through various lending platforms including banks, finance companies, and online-based lenders. These companies generally aim to facilitate financing for students pursuing different levels of education, both domestically and abroad. They offer various products and services, such as bespoke loan terms, competitive rates, flexible repayment options, and financial planning tools. In terms of directions, the industry is increasingly leveraging digital tech advancements to enhance accessibility and efficiency.


Top 24 Education Loans Lending Companies

1. Sallie Mae

  • Website: salliemae.com
  • Headquarters: Newark, Delaware, United States
  • Founded: 1972
  • Headcount: 1001-5000
  • LinkedIn

Sallie Mae is an online banking company that offers education loans, college planning services, and a range of savings products. They provide resources and tools to help students and families make informed financial decisions regarding college expenses. They also offer various options for saving and investing money, including high-yield savings accounts, money market accounts, and certificates of deposit.


2. SoFi

  • Website: sofi.com
  • Headquarters: San Francisco, California, United States
  • Founded: 2011
  • Headcount: 1001-5000
  • Latest funding type: Ipo
  • LinkedIn

SoFi is an online finance company that offers a range of financial products and services. They provide student loan refinancing, mortgage loans, personal loans, credit card consolidation, and investment products. With a focus on technology and innovation, SoFi aims to help individuals achieve financial independence and success.


3. HDFC Credila Financial Services Limited

  • Website: hdfccredila.com
  • Headquarters: Mumbai, Maharastra, India
  • Founded: 2006
  • Headcount: 501-1000
  • Latest funding type: Undisclosed
  • LinkedIn

HDFC Credila is a leading education loan provider, offering financial assistance to students pursuing higher education abroad. With competitive interest rates and flexible loan options, HDFC Credila aims to make education funding easy and hassle-free. They provide up to 100% finance coverage, including tuition fees and living costs, helping students achieve their educational goals.


4. Earnest

  • Website: earnest.com
  • Headquarters: San Francisco, California, United States
  • Founded: 2013
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

Earnest.com is a financial services company offering private student loan refinancing and personal loan options. With over $18.3 billion in student loans refinanced, Earnest provides repayment solutions and resources to help borrowers manage their debt. The company also offers credit card refinancing and parent PLUS loan refinancing. Earnest operates with the goal of providing fair deals and has a strong focus on privacy and security.


5. Avanse Financial Services Ltd.

  • Website: avanse.com
  • Headquarters: Mumbai, Maharashtra, India
  • Founded: 2013
  • Headcount: 201-500
  • Latest funding type: Private Equity
  • LinkedIn

Avanse is an education financing provider that offers loans for higher education. They cover the holistic cost of education and provide flexible repayment options. Avanse also offers special education loans for working professionals and executive education loans for professionals looking to grow in their careers.


6. Provi

  • Website: provi.com.br
  • Headquarters: São Paulo, São Paulo, Brazil
  • Founded: 2018
  • Headcount: 201-500
  • Latest funding type: Convertible Note
  • LinkedIn

Provi is a fintech company offering educational credit solutions. Through its online platform, Provi acts as a correspondent bank for certain financial institutions, allowing users to access loans and financing for educational services. They aim to help individuals who don't have a credit score and are unable to obtain financial assistance from traditional banks. ProviPay is their checkout platform that provides a simple and quick way to sell courses, catering to various payment preferences.


7. Harmoney

  • Website: harmoney.co.nz
  • Headquarters: Auckland, Auckland, New Zealand
  • Founded: 2013
  • Headcount: 51-200
  • Latest funding type: Post Ipo Debt
  • LinkedIn

Harmoney.co.nz is a licensed peer to peer lending service provider in New Zealand. They offer a wide range of personal loans for various purposes including debt consolidation, home improvements, wedding expenses, car loans, holiday expenses, education loans, and medical expenses. With a simplified and fast online application process, Harmoney provides personalized loan terms and competitive interest rates to meet individual borrowers' needs.


8. GrayQuest

  • Website: grayquest.com
  • Headquarters: Mumbai, Maharashtra, India
  • Founded: 2017
  • Headcount: 201-500
  • Latest funding type: Series A
  • LinkedIn

GrayQuest is a company that offers zero interest EMI loans for school and college fees. With their React App, they provide a convenient and affordable way for parents to pay their children's educational expenses.


9. Indian School Finance Company Private Limited

  • Website: isfc.in
  • Headquarters: Delhi, Delhi, India
  • Founded: 2008
  • Headcount: 201-500
  • Latest funding type: Series Unknown
  • LinkedIn

Indian School Finance Company (ISFC) is a financial institution that offers loan facilities to educational institutions. They provide loans for various purposes such as upgrading infrastructure, purchasing equipment and furniture, and paying education fees. ISFC aims to support the growth and development of vocational colleges, coaching institutes, play schools, and SMEs in the education sector.


10. Ascent Funding

  • Website: ascentfunding.com
  • Headquarters: San Diego, California, United States
  • Founded: 2015
  • Headcount: 51-200
  • Latest funding type: Series Unknown
  • LinkedIn

Ascent is a financial services company that offers college and bootcamp loans to students. Their loans cater to a variety of academic disciplines, including undergraduate, graduate, MBA, medical, dental, and law programs. They also provide loans to international students and DACA students. Ascent focuses on helping students achieve financial success by offering resources and advice through their Student Resource Center and blog.


11. Iowa Student Loan

Iowa Student Loan provides private student loans, refinancing options, and college planning tools. They offer loans for undergraduate and graduate students, as well as parent and medical school loans. They also provide resources and scholarships for college planning.


12. Vsac

  • Website: vsac.org
  • Headquarters: Winooski, Vermont, United States
  • Founded: 1965
  • Headcount: 51-200
  • LinkedIn

VSAC.org offers loans for undergraduate, graduate, and professional students and parents. They also provide financial aid options, grants, scholarships, and student loan relief programs. With a focus on workforce development funding, they assist individuals in managing loan default and offer resources for college applications and career planning.


13. Fundacred

Fundacred is a Brazilian company that offers accessible student credit, providing financial support and opportunities for students to pursue higher education.


14. Ms Fincap Private Limited

MS Fincap is a Non Banking Financial Company that offers innovative financial solutions to various segments including MSMEs, students, parents, and educational institutions. They provide small ticket business loans, fee loans, and secured loans to entrepreneurs and institutes. Their products are designed to leverage collateral based on monthly cash flows and help in business expansion and growth. With transparent processes and flexible repayment options, MS Fincap aims to empower young entrepreneurs and contribute to the Indian economy.


15. Future Finance

  • Website: futurefinance.com
  • Headquarters: Dublin 6, Dublin, Ireland
  • Founded: 2013
  • Headcount: 51-200
  • Latest funding type: Series D
  • LinkedIn

Future Finance is a private lending company that has been providing student loans in the UK since 2014. They aim to make education accessible to all students and believe in their potential. With a flexible loan structure and reduced repayments during term time, Future Finance helps students focus on their studies rather than financial stress.


16. InvestEd Philippines

InvestEd is a platform offering educational loans to college students in the Philippines, providing funds for tuition, allowance, gadgets, and more. The company aims to remove barriers to success by giving students the capital, coaching, and community support they need to succeed.


17. Brazos Higher Education

Studentloans.com is a private loan provider offering student, parent, and refinance loans. They strive to provide lower rates and zero fees compared to federal loan programs. With an easy application process, they aim to help borrowers save on their student loan repayments.


18. Creditap Technologies Private Limited

  • Website: creditap.ai
  • Headquarters: Bangalore, Karnataka, India
  • Founded: 2018
  • Headcount: 11-50
  • LinkedIn

Creditap.ai is an app-based lending platform that specializes in fee payments through real-time loan processing. They offer convenient and quick education loans for students, covering all forms of education, with zero-cost EMI options. Their services are hassle-free with online processes, minimal documentation, and user-friendly mobile app support. Creditap aims to make education loans easily accessible and affordable for all.


19. Cognition Financial

Cognition Financial develops data-driven solutions for partners and their customers, providing private student loan solutions and customizable loans with flexible repayment options. With over 30 years of experience, they have facilitated billions in private student loans and helped over 1 million families pay for education.


20. Meritize

  • Website: meritize.com
  • Headquarters: Frisco, Texas, United States
  • Founded: 2016
  • Headcount: 51-200
  • LinkedIn

Meritize is a financial company that helps students pay for programs to unlock better careers. They look beyond credit scores and use previous academic or military achievements to help students get approved for loans.


21. Kuhoo Edufintech

  • Website: kuhoo.com
  • Headquarters: Mumbai, Maharashtra, India
  • Founded: 2021
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Kuhoo.com is an online student loan platform that utilizes technology and data science to provide student loan products. Their goal is to empower students to take responsibility for their education by offering loans that alleviate the financial burden on parents.


22. Lapwai Elementary School

Lapwai District is a company that offers small school loans to help cover expenses. They provide personal loans up to $12,000, with both federal and private loan options available. Their website does not contain much information about their services.


23. Helps Education Fund

Helps Education Fund is a company that offers financial assistance to students pursuing their education. They provide scholarships, grants, and loans to help cover tuition fees and other educational expenses.


24. Funding U

  • Website: funding-u.com
  • Headquarters: Atlanta, Georgia, United States
  • Founded: 2015
  • Headcount: 11-50
  • Latest funding type: Debt Financing
  • LinkedIn

Funding U is a for-profit enterprise that offers student loans to US citizens or permanent residents enrolled in full-time undergraduate programs at Title IV-eligible four year colleges. They provide loans for tuition, transportation, books, supplies, and other expenses. Funding U does not require a cosigner and does not consider credit history or financial situation during the underwriting process.


Want to find more education loans lending companies?


If you want to find more companies that offer diverse and flexible education loan solutions you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
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...and a lot more!