Arkansas Student Loan Authority

**ABOUT ASLA** The Arkansas Student Loan Authority, a division of the [Arkansas Development Finance Authority](https://adfa.arkansas.gov/about-us/), is a state entity created to provide access to and information about educational funding for all Arkansas students who wish to attend institutions of higher education. For over four decades, we have made higher education more accessible to Arkansas students through participation in affordable student loan programs and by providing college planning services to Arkansas families. ASLA is here to help students gain access to higher education through federal, state and private aid programs and to assist borrowers in successfully managing their student loan debt. **Arkansas Education Loans** ASLA offers affordable private loans for undergrad and graduate students to supplement the Federal Direct Loan Program. Family members and friends may also borrow on behalf of the student. Borrowers may refinance both federal and private loans under the Arkansas Education Loan Program in order to lower their interest rate and take advantage of attractive repayment plans.