The Arkansas Student Loan Authority is a nonprofit state agency created to provide information about and access to educational funding for all Arkansas students who wish to attend institutions of higher education.
What We Do
We make higher education accessible to all Arkansas students through the following programs:
Lender Support Programs
We work through Arkansas Community Lenders in your area to provide local access to educational loans. Our participating lenders allow Arkansas banks to provide education loan programs to students and parents in their communities and across the state.
All loans remain under the ownership of the Arkansas Student Loan Authority which enables us to guarantee expert customer service and allows us to re-invest in programs that benefit Arkansas students.
Student Outreach Services (S0S)
We support community efforts for increasing awareness about higher education through our Student Outreach Services.
- We provide free information and assistance with college preparation and available financial aid programs.
- ASLA conducts free scholarship searches between the months of August and December for Arkansas students.
- We fund a minimum of twenty $1,000 scholarships annually.
Why ASLA?
Education loans are our specialty, it's all we do. By selecting one of ASLA's Participating Lenders as your education loan lender, you are choosing exceptional service for the life of your loan. We make education affordable for all families by offering low front-end fees and an interest rate reduction program to lower your interest rate. No one offers a lower interest rates for teachers and nurses. Your loans will remain Arkansas owned which means you never have to phone out of state to have a question answered about your loan. Our Student Outreach Services will provide the information you need to plan for college and assist you in your search for scholarships and financial aid.