About SLGFA

The Student Loan Guarantee Foundation of Arkansas (SLGFA), a private nonprofit organization, is the primary guarantor for the state of Arkansas and is governed by an eight-member Board of Directors. SLGFA was established in December 1966 and has become a mainstay in the financial aid community by maintaining long-standing relationships with our school and lender clients.

What sets SLGFA apart from other guarantors is our ability to provide clients with individualized customer service, training, and support. This same personal attention is given to each and every customer, whether a student, parent, school, or lender.

Obtaining a higher education is a journey that requires commitment from parents, schools, and the lending community. SLGFA provides support services to each of these entities to ensure prompt loan processing and timely disbursement of funds needed to pay school expenses.

Student loan repayment is important to SLGFA. Teaching financial literacy and debt management skills are a priority at SLGFA. We conduct workshops and training for students, parents, and borrowers, and we assist schools and lenders with their default prevention efforts. We also have trained counselors and staff who provide information and options to borrowers who are experiencing difficulties making their payments.

Families and students will find that we are actively involved in community outreach projects as a goal to help others accomplish their educational and career objectives. We share information about college access by participating in various activities and workshops within the state.

SLGFA is an equal-opportunity employer. If you are interested in a career in the student loan industry, please take a look at the employment opportunities we have available. 

SLGFA's Accomplishments

SLGFA is proud of the products and services we were able to provide for our customers in 2008. In this new year, we're resolved to continue offering you valuable resources. Please take a look at an overview of our accomplishments and community outreach activities below. In 2008, SLGFA:

• Web site re-launched with a new design and more user friendly interface.

• Deputy Directory/Chief Financial Officer Sue Balest was selected to serve as a guarantee agency representative on NCHELP's 2008-2009 Board of Directors.

• Policy and Compliance Division Manager Becky Collins received the 2008 Jean S. Frohlicher Outstanding Service Award at the NCHELP Spring Convention for her leadership and concerted effort to make the Common Review Initiative (CRI) a permanent status, along with Mike Hawkes from ECMC.

• participated in 2009 Youthonomics - a two week financial literacy summer workshop for junior high and high school students - in partnership with the Pulaski County Youth Services.

• conducted basic and advanced loan training workshops in the months of September and October.

• partnered with AASFAA and the Arkansas Department of Higher Education to conduct 13 National Training for Counselors and Mentors (NT4CM) workshops for high school counselors across the state in the months of November and December.

• participated in College Goal Sunday

• participated in College Nights at local high schools as part of College Access Initiative

• distributed approximately 2,100 printed publications, including Erase the Debt: Managing Student Loans brochure and FFELP brochures, to students, parents, and schools.

• offered a new application to lenders: the On-Demand Pending Disbursement Report, which allows lenders to view schedule future disbursements and scheduled past disbursements in regards to loans that are on hold or in which the Master Promissory Note has not been returned.

• staff served on AASFAA, SWASFAA, and NCHELP committees.

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