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Refel Rushing


United States

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About Refel Rushing

A financial executive with a dedication to philanthropy, Refel Rushing derives great satisfaction from giving back to his home state of Texas. In 2001, he played a key role in forming the Greater Texas Foundation, which seeks to eliminate financial barriers to higher education. During the past decade, the organization has disbursed more than $12 million in need-based scholarships to undergraduates. Underscoring his commitment to education, Mr. Rushing also served as Executive Director of a charitable institution that offered tax-exempt financing for higher education infrastructure projects. Apart from his support of schools, Mr. Rushing has also funded the construction of homes for Texas families from low-income backgrounds. 

Recently, Refel Rushing embarked on a new endeavor as a Christian musician. Collaborating with a conductor who studied under the acclaimed musical director Leonard Bernstein, Mr. Rushing has nearly completed an album designed for a mainstream Christian audience. To date, he has recorded six tracks in studios located in California and Georgia. Following the album’s release, Refel Rushing plans to donate all sales revenues to food pantries and to shelters that serve women coping with abusive relationships. He also intends to supply the recordings free of charge to religious organizations throughout the United States. 

Refel Rushing spent his career pioneering financing mechanisms that enabled a greater number of students to afford higher education. For more than two decades, he served as President and Chief Executive Officer of LoanSTAR Funding Group, Inc., which was acquired by Nelnet, Inc., in 2005. At that time, LoanSTAR Funding Group conducted business in 17 states. Throughout its history, the company offered more than $3 billion dollars in loans to students in Texas. Mr. Rushing retired from the corporation in 2008 to devote more time to charitable causes.

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