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

2019 Impact

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1,252 Students

Lela representatives assisted over 1,200 students across Louisiana in creating their FSA ID and submitting their FAFSA.

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$22,000 in Scholarships

Lela awarded $22,000 in scholarships to Louisiana high school seniors through various outreach campaigns and random drawings.

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65,000 FAFSA Guides

Lela provided 65,000 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 $27 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 $255 million throughout repayment!

Lela has saved students over $23 million

College Graduates

Lela’s Mission

500,000+

students helped with college financing

one nonprofit mission

45 YEARS

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

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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 options

Undergraduates–Graduates–Parents

4.25 – 6.37% APR*

(with auto-pay)

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

Learn More

Disclosure