By establishing the ionospheric eclipse factor (IEF) λ of the ionospheric pierce point (IPP) and its ionospheric influence factor (IFF) λ, and combining λ, λ with t of IPP, a new method of modeling high-precision ionospheric delay using GPS data-ionospheric eclipse factor method (IEFM)-is presented in this paper. The IEFM can effectively select the proper ionospheric models to model the total electron content (TEC) with different changes corresponding to annual, seasonal and diurnal variations. Initial experimental results show that the correction precision of ionospheric delay modeled by the IEFM seems to be close to that of using L3 GPS observations to directly correct the corresponding ionospheric delay.