Federal Family Education Loan Program (FFELP)

The Health Care and Edcuation Reconciliation Act (HCERA) of 2010 was recently enacted by Congress and signed into law by President Obama.  HCERA eliminated the FFEL Program effective July 1, 2010.  The Arkansas Student Loan Authority (ASLA) will cease origination of federal student loans as of July 1, 2010.  Federal student loans will no longer be made by any private lenders.  All federal student loans will be originated by the U.S. Department of Education and the Fedearl Direct Loan (DL) Program.
 

William D. Ford Federal Direct Loan Program

Additional information on the William D. Ford Federal DL Program can be found on the U.S. Department of Education's website at  Federal Direct Loans.