America's Student Loan Providers (ASLP) represents leading providers of higher education funding.  These companies and organizations provide federally guaranteed student loans through the Federal Family Education Loan Program (FFELP), a public-private partnership of schools, students, loan providers and the government that has financed the dreams of millions of Americans since 1965.

Although our members may compete against one another, all agree that the FFELP is the most efficient and effective way to provide student loans.  By leveraging private financial markets and competing for the right to lend to students, we bring value to students, schools and taxpayers.

• Students benefit from the FFELP through lower interest rates, and simplified loan application and approval processes.

• Schools benefit because the program allows them to choose the lender that best meets the financial needs of their students.

• Taxpayers benefit as $14 billion in excess funds from the FFELP has been sent back to the Treasury because the government significantly overestimated the cost of the program. 

The following organizations belong to America’s Student Loan Providers:

Access Group
ALL Student Loan Group
AmSouth
Arizona Higher Education Loan Authority
Arkansas Student Loan Authority
Bank of America
Bank One Education Finance
Brazos Higher Education Service Corporation
California Student Aid Commission/EDFUND
Chela Education Financing
Citibank, The Student Loan Corporation
Citizens Bank
College Invest
Collegiate Funding Services
Colorado Student Loan Program
Connecticut Student Loan Foundation
Consolidation Assistance Program
Consumer Bankers Association
Edsouth
Educaid, Wachovia Corporation
Education Assistance Corporation (South Dakota)
Education Services Foundation
Educational Credit Management Corporation (ECMC)
Finance Authority of Maine
Florida Department of Education, Office of Student Financial Assistance
Greater Texas Foundation
Higher Education Services Corporation (New York)
Illinois Student Assistance Commission
Indiana Secondary Market for Education Loans, Inc.
Iowa College Student Aid Commission
JPMorgan Chase
Kentucky Higher Education Assistance Authority
Kentucky Higher Education Student Loan Corporation
Key Bank USA, N.A., Key Education Resources
LoanStar Funding Group, Inc.
LoanStar Systems, Inc.
Louisiana Education Loan Authority
MHEAA – Michigan Guaranty Agency
Michigan Higher Education Student Loan Authority
Missouri Higher Education Loan Authority (MOHELA)
Montana Guaranteed Student Loan Program
Montana Higher Education Student Assistance Corporation
National City Bank
National Council of Higher Education Loan Programs
National Student Loan Program
Navy Federal Credit Union
Nellie Mae
Nelnet
New Hampshire Higher Education Assistance Foundation
New Hampshire Higher Education Loan Corporation
New Jersey Higher Education Student Assistance Corporation
NextStudent
North Carolina State Education Assistance Authority
Oklahoma Guaranteed Student Loan Program
Oklahoma Student Loan Authority
OneSimpleLoan
Oregon Student Assistance Commission
Panhandle-Plains Higher Education Authority, Inc.
PNC Bank
Rhode Island Higher Education Assistance Authority
Rhode Island Student Loan Authority
Sallie Mae
South Carolina Student Loan Corporation
Southwest Student Services Corporation
Student Assistance Foundation (Montana)
Student Loan Finance Association
Student Loan Funding
Student Loan Guarantee Foundation of Arkansas
Student Loans of North Dakota
SunTrust Education Loans
Tennessee Student Assistance Corporation
Texas Guaranteed Student Loan Corporation
USA Funds
U.S. Bank
Utah Higher Education Assistance Authority
UW Credit Union
Vermont Student Assistance Corporation
Wells Fargo Bank
Wyoming Student Loan Corporation

If you want more information or have any questions, please contact Kevin Bruns, Executive Director, America's Student Loan Providers, kevin@aslp.info