As an Alaska resident or student at a qualifying school in Alaska, you may choose an education loan offered by the State of Alaska through the Alaska Commission on Postsecondary Education (ACPE). These loans are serviced by fellow Alaskans, have no fees, and offer fixed interest rates (no surprises like with variable rates). Remember to make sure you have used all grants and scholarships before borrowing.

After you’ve completed your education, ACPE also offers a low fixed-rate refinance loan to help you keep education costs as low as possible. You can refinance state, federal, or private education loans into one easy payment and save money with a lower interest rate.

The Arkansas Student Loan Authority (ASLA) is a state agency created to enhance access to higher education funding for Arkansas students. ASLA provides a variety of student loan and free college planning services. The Arkansas Education Loan program is available to Arkansas students through ASLA to supplement the Federal Direct Loan Program. ASLA is a division of the Arkansas Development Finance Authority.

The Connecticut Higher Education Supplemental Loan Authority (CHESLA) is a quasi-public state authority created to help students and their families finance the cost of higher education. CHESLA’s mission is to expand higher educational opportunities and enhance the state’s economic development through higher education by providing cost-effective education financing programs and information resources to Connecticut students, alumni, and their families. CHESLA offers an in-school loan program (myCHESLA Student Loan), serving students in or from Connecticut. CHESLA’s refinance loan program (Refi CT) serves Connecticut residents refinancing any student loan and out-of-state borrowers refinancing a previous CHESLA loan.

INvestEd is Indiana’s not-for-profit student loan provider for both tuition and refi loans. Please visit our page at the link provided for full details about our loan products. Our team of financial aid experts is also more than happy to help you with any questions you have about how to have the least debt possible after graduation.

Established in 1979 as a private, nonprofit corporation, ISL Education Lending (formerly known as Iowa Student Loan) helps Iowa students and families obtain the resources necessary to succeed in post-secondary education. ISL Education Lending provides scholarships and programs for Iowa families, offers private student loans for students who have exhausted other sources of aid, and reinvests funds in programs to benefit students and borrowers. ISL Education Lending offers three different competitively priced private education loan options to help you fund a college education or refinance existing student loan debt.

Kentucky Higher Education Student Loan Corporation’s (KHESLC) Advantage Education Refinance Loans carry fixed interest rates that are often lower than those available from the federal government and private for-profit lenders. KHESLC charges no fees and provides a reduced interest rate to borrowers who use auto pay. Loans can be repaid over 10, 15, or 20 years. There are no prepayment penalties, and KHESLC provides a death and disability benefit.

The Louisiana Education Loan Authority (Lela) is Louisiana’s statewide, nonprofit, public trust and is committed to making higher education more accessible and affordable for the people of Louisiana. Louisiana residents may be able to reduce their student loan payments with the Lela RefiHELP (Higher Education Loan Program). The Lela RefiHELP loans are serviced by Aspire Servicing Center and administered by Lela. If you’re paying high interest rates on your student loans, you may have limited options to lower those rates. The Lela RefiHELP loan was created for Louisiana residents who deserve the chance to refinance their student loan debt but have been unable to find a lender offering that option.

The Massachusetts state legislature created the Massachusetts Educational Financing Authority (MEFA) in 1982 at the request of colleges and universities across the state. From the start, MEFA’s mandate has been to offer low-cost college financing to families of aspiring college students and to serve as the Massachusetts authority on planning, saving, and paying for college. MEFA also offers an education refinancing loan (MEFA REFI) designed to help young professionals lower their interest rate and monthly student loan payment. MEFA REFI offers fixed and variable interest rates and both 10 and 15-year repayment terms. It is available to young professionals across the country.

The Minnesota Office of Higher Education, a state agency, administers the SELF and SELF Refi Loan programs. The SELF Loan program is for Minnesota residents attending participating SELF schools in Minnesota or other states and for non-residents attending Minnesota schools. Fixed and variable interest rate options are available. The SELF Refi student loan refinancing program is available to Minnesota residents who completed a postsecondary course of study. Fixed and variable interest rates are available with 5, 10, and 15-year repayment terms.

The EDvestinU® Student Loan Lending & Refinancing Program offers private undergraduate, graduate, parent, and refinancing student loans nationwide. EdvestinU, a program of the nonprofit Granite Edvance Corporation, presents borrowers with a refinancing program. When you refinance your loan you can combine multiple student loans into a new loan with the potential to reduce your interest rate and lower your monthly payment. You even get to choose between a 5, 10, 15, or 20-year term. By using autopay to have your monthly payments automatically withdrawn from your bank account, you’ll save an additional 0.25 percent.

HESAA is now offering a ReFi+ Loan Program for student loan borrowers who are out of school and have loans from higher interest rate periods. Eligibility for this new, 10-year, fixed-rate program is based on your income, credit score, and debt-to-income ratio.

The New Mexico Educational Assistance Foundation (NMEAF) is a private non-profit 501(c)(3) organization established by the New Mexico State Legislature in 1981. Save money when you refinance your student loans with a trusted non-profit in New Mexico. NMEAF offers refinancing with low fixed interest rates to students living in New Mexico or who went to school in New Mexico. Our refinancing loan has no application or origination fees and multiple repayment options. See how much money you can save today.

Bank of North Dakota offers state-sponsored student loan programs for those attending college or refinancing after. Choose from a low fixed or variable interest rate and reduce that rate by 0.25% when you sign up for automatic payments. Going to college is like navigating uncharted territory for most people. Bank of North Dakota offers a number of resources you can trust to help you find your way.

Created in 1963 by the Pennsylvania General Assembly, the Pennsylvania Higher Education Assistance Agency (PHEAA) has evolved into one of the nation’s leading student aid organizations. Today, PHEAA is a national provider of student financial aid services, serving millions of students and thousands of schools through its loan guaranty, loan servicing, financial aid processing, outreach, and other student aid programs. PHEAA’s earnings are used to support its public service mission and to pay its operating costs, including the administration of the Pennsylvania State Grant and other state-funded student aid programs. PHEAA continues to devote its energy, resources, and imagination to developing innovative ways to ease the financial burden of higher education for students, families, schools, and taxpayers.

The PA Forward Parent Loan and PA Forward Student Loan programs allow students and parents or legal guardians of dependent undergraduate students to obtain a loan to cover up to the cost of attendance with competitive fixed interest rates, no application or origination fees, and flexible repayment terms (visit PHEAA.org/PA-Forward for a full list of benefits).

The Rhode Island Student Loan Authority (RISLA) is a nonprofit quasi-state authority that for several years has been recognized by Forbes Advisor and others as having one of the lowest interest rate education loans in the country and no fees of any kind. RISLA is unique in that all of its loans have income-based repayment plans for those facing financial challenges. RISLA has a fast, easy, and secure online loan application process and top customer service rankings because all customers speak with a live agent when they call.

RISLA also offers education loan refinancing to help students and families lower their interest rate and/or monthly payment.

Designated by the state of South Carolina, South Carolina Student Loan (SCSL) is the only statewide nonprofit education lender in the state. We are dedicated to making higher education possible, andwe want to help you make great decisions for your financial future. The PAL Refi Loan features low interest rates, repayment term options, and zero fees, which could save lots of money.

Brazos Higher Education is a Texas nonprofit corporation headquartered in Waco, Texas. Dedication to providing low-cost assistance for higher education to Texas families has been our mission for over 40 years. We passionately believe that higher education enriches lives. Our non-profit company has proven to be an excellent resource to help students, parents, and graduates finance or refinance their higher education loans. Brazos Higher Education has been an integral part of financing more than 2 million student loans by providing low-cost, flexible, and transparent lending options. A $5,000 scholarship is also offered by Brazos every month! Learn more about our scholarship by clicking here.