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( Updated April 2022)
The Lela offices are currently open and are operating in accordance with any effective statewide mandates. Although not a requirement, we encourage anyone interested in visiting our offices to please contact us at 1-800-228-4755 for remote assistance or an appointment, to ensure we can provide you with the best experience possible. We are pleased to continue offering our full programs and services in Louisiana.
LELA BORROWERS- COVID-19 Payment Relief: The Louisiana Education Loan Authority is offering payment relief to our Lela borrowers who are experiencing any financial hardship, related to unemployment, due to the COVID-19 pandemic. During this time of national emergency, Lela is offering administrative forbearance for Lela federal loan borrowers who contact our servicer, Edfinancial, to request it. This forbearance will suspend any required payments on all of your eligible federal loans held by Lela. During this time, interest accrues but will not be capitalized (added to the unpaid principal) at the end of the forbearance period. While no payments are required during the forbearance period, you can always make extra payments to help lower the overall cost of your federal loan. To request an administrative forbearance, please call EDFINANCIAL toll-free, 1-800-337-6884 or by email customerservice@edfinancial.
Edfinancial Update For Federal Lela loan borrowers: In response to the Secretary of Education’s extension on 04/06/22, we have extended the emergency period through the end of August 2022. The emergency period is now defined as 03/13/20 – 08/31/22.
All FFEL borrowers may request a COVID-19 administrative forbearance (VP) extension upon written request. Please note that verbal requests are sufficient for us to apply an initial FVP, but written requests are required for us to apply an extension of the FVP. The extension forbearance will be applied for 90 days; however, the borrower may request that the forbearance be applied for less than 90 days.
A borrower is not limited to only one extension of the forbearance. There are no restrictions on the number of extensions a borrower may request during the emergency period. As long as the extensions are requested within the emergency period (03/13/20 – 08/31/22), we should process the request.
The extension forbearance may be requested at any time during the emergency period (03/13/20 – 08/31/22), and should be applied for 90 days (unless a shorter length is requested by the borrower). Depending on when the borrower submits their written request for an extension, the forbearance may end after the emergency period ends on 08/31/22. For example, if the borrower submits a request for an extension in July, it will be applied for 90 days and will end after 08/31/22.
ASK LELA SERVICES TO STUDENTS AND FAMILIES: Lela remains committed to continuing to provide free Free Application for Federal Student Aid (FAFSA) completion assistance, scholarship opportunities for high school seniors and college access resources. If you need assistance with completing the FAFSA, please contact Lela, toll-free, at 1(844) 463-2372 or 1 (800)858-8198. You may also reach us via e-mail at firstname.lastname@example.org.To register for scholarship opportunities and to learn more about college access resources, please visit www.lela.org .
If you are a Lela student loan borrower and need to view your account, please click the “Forms and Account” Tab within our (www.lela.org) site to access your account details, through our third party servicer, Edfinancial, or for supplemental, private Lela loan borrowers, through Aspire portals at lela.accountcenter.studentloan.org.
For information about refinancing your education loans to lower your interest rate or monthly payment, please visit www.lelarefihelp.org.
For information on supplementing your federal and/or state aid to help pay for college, please visit www.lelachoice.org.
Stay safe and be well! The Lela Team