Edfinancial loan servicing transfer to HESC: Click Here

Important Lela COVID19 information:  Click Here

New Important Federal Public Student Loan Forgiveness Information:  Click Here

One time student loan Debt Relief FAQ/Information: Click Here

Notice of Data Breach:  Click Here


Lela has been committed to making higher education more affordable and accessible to the people of Louisiana for over 40 years. We remain committed to providing quality and affordable borrowing programs for our families.

Impact through 2021

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400,000 Students

Lela has assisted over 400,000 families across Louisiana since its inception in 1984.

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$404,750 in Scholarships

Lela has awarded $404,750 in scholarships to Louisiana high school seniors through various outreach campaigns and random drawings.

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272,000 FAFSA Guides

Lela has provided 272,000 FAFSA Completion and College Planning Guides to Louisiana students and offered access to an electronic Planning and Paying for College Guide to Louisiana parents.

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About Lela

The Louisiana Education Authority (Lela) is a division of the Louisiana Public Facilities Authority (LPFA), a nonprofit public trust established to bring financing assistance and advantages to the people of Louisiana. As part of a nonprofit public trust, Lela’s mission is to make higher education more accessible and affordable for the people of Louisiana.

How we give back

Together, Lela and LPFA are committed to making Louisiana a better place to live, work and raise our families by furthering education, healthcare, economic development and job creation in the state. Since 1974, the LPFA has issued over $28 billion in bonds to finance over 600 projects which has helped to generate more than 327,110 jobs in Louisiana!

Over the years, Lela has saved students over $23 million by paying upfront fees for students on their federal student loans and through incentives has offered borrowers the potential to save over $250 million throughout repayment!

Lela has saved students over $23 million

College Graduates

Lela’s Mission


students helped with college financing

one nonprofit mission


of experience in student lending

100% Louisiana-based Non profit organization

For FAFSA related questions, call the Lela FAFSA HELPline for assistance:

(844) GO FAFSA or (844) 463-2372



Introducing a new and better choice for helping you pay for college! It’s Louisiana’s non-profit, low-cost supplemental loan resource for undergraduates, graduates and parents.

LelaCHOICE Offering better rates & options


2.94% – 6.37% APR*

(with auto-pay)

View a detailed list of Annual Percentage Rate (APR) examples for all options here.

Apply Now