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Lela is committed to making higher education more affordable and accessible to the people of Louisiana.
The Louisiana Education Authority (Lela) is a division of the Louisiana Public Facilities Authority (LPFA), a non-profit public trust established to bring financing assistance and advantages to the people of Louisiana. As part of a non-profit public trust, Lela’s mission is to make higher education more accessible and affordable for the people of Louisiana.
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
For FAFSA related questions, call the Lela FAFSA HELPline for assistance: