The Arkansas Student Loan Authority exists solely to provide an enduring source of funding for higher education to Arkansas students and parents. That’s how we help you help your customers - we are your student loan department – extending your bank’s product line to retain current customers and reach new ones. Never again will you have to send a customer away because your bank believes they cannot offer student loans.
Arkansas Community Lenders (ACL) Program
Reduced yields and burdensome federal regulations have driven many financial institutions from offering education loans, however, ASLA can provide options, without the administrative burdens, to lenders who want to offer education loans in their communities. ASLA can provide a "turn key" student loan program that includes everything needed to immediately begin offering student loans to your customers. The lender has no tracking or federal reporting responsibilities.
Arkansas Community Lender Scholarship Program
The Arkansas Student Loan Authority proudly introduces its matching scholarship program offered to all Arkansas lenders. ASLA will match up to $500 to lenders willing to finance a scholarship for a student in their community. Many of you already offer scholarships in your community. If so, ASLA will be honored to add to your already generous gift of support.
ASLA Arkansas Community Lenders Resources
ASLA is dedicated to providing only the best service to our ACL partners. You will find links to assist you with any information you may need.
If you have any questions, please contact an ACL specialist at 1-800-443-6030 or by clicking the link above.