Graduation is just around the corner and many of your students are probably coming to you with questions about repayment options, consolidation and other loan issues. Remember, the Electronic Loan Counselor (ELC), T.H.E.’s new online tool, can help students figure out their repayment strategies, organize their loan information and save them money once they enter repayment.

Using the tool is easy:

Students can go to our website at www.theloanprogram.org and click on the ELC link. We already have their T.H.E. loan information pre-populated, so all they have to do is give us some of their non-T.H.E. loan information and the ELC shows them a variety of repayment options tailored to each student.

Students can even select and implement a strategy that’s right for them right on the site.

Please call our Debt Management team with any questions you or your students may have about ELC at 1-866-562-6672. We will be happy to provide you with more information and help students use this new online tool.