SLGFAStudent Loan Guarantee Foundation of Arkansas
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No new FFELP loans were originated after the passage of the ACA in 2010, but the SLGFA continued to act as guarantor of existing loans until the end of September.
Currently, GuidEd Solutions is described as "a division of SLGFA" because its potential customers--colleges and universities--know the foundation.
"SLGFA has such an amazing reputation in the state that we don't want to lose that too soon," said Donna Hill, who this spring was hired away from her job as vice president of student affairs at College of the Ouachitas in Malvern to act as director of sales.
Whatever happens with funding in the future, Nichoalds said he is very optimistic that the SLGFA can still help students.