It's something many of us have joked about: If we could win the lottery and wipe out all of our student loan debt at once...
Well now, one of our lender partners, Education Loan Finance (ELFI), is offering that chance — and you don't even have to buy a lottery ticket.
Education Loan Finance (ELFI) is giving away $50,000 toward student loan debt. Want a shot at it? Here's what to do.
How to enter
For the contest, entrants must produce a video, between 20 seconds and two minutes. The topic: how student loan refinancing helped or would help you empower a brighter future — and how having no student loan debt, thanks to the prize money, would boost that empowerment.
To be eligible for the contest, you must have at least $15,000 in student loan debt.
Here are just a few ideas to get your juices flowing:
- Is your debt holding you back from pursuing your dreams? What would you do if you weren't paying on your student loans every month?
- Do you want to open your own business?
- Would you travel the world?
- Do you dream of buying a house for your family?
You'll need to upload your video to YouTube, then submit it at ELFI's contest website**.
Videos will be accepted Monday, June 4, through Friday, June 29 at ELFI's contest portal**. The voting period will be July 10 through July 22, and then a panel of judgements will pick a winner, to be announced July 31.
Good luck! Click here to get started.
** Empowering a Better Future Video Contest. NO PURCHASE OR PAYMENT NECESSARY TO ENTER AND WIN. Open to U.S. citizens and permanent resident aliens over the age of majority in their state of residence. VOID WHERE PROHIBITED. Entries accepted from June 4, 2018, until June 29, 2018. Subject to Official Terms and Conditions at Empowered by ELFI. Sponsor: SouthEast Bank. Promotion is in no way sponsored, endorsed or administered by, or associated with, Facebook or YouTube.