Prior loan programs

EdFund also administers loans guaranteed under these prior loan programs.

Auxiliary Loans to Assist Students (ALAS)

Forerunner of the Supplemental Loans to Assist Students (SLS) Program. In 1981, Parent Loans for Undergraduate Students (PLUS) were expanded to include loans for independent undergraduate, graduate and professional students. These loans were called Auxiliary Loans to Assist Students, or ALAS. In 1986, ALAS was replaced by two separate loan programs—Supplemental Loans for Students (SLS) for graduate students, professional students and independent undergraduates, and PLUS loans for parents of dependent students.

California Loans to Assist Students (CLAS)

Created to aid students in obtaining low-interest, long-term loans from private lenders for education expenses. The guaranteed loans were an essential supplement to other federal, state, institutional and private financial assistance programs.

Federally Insured Student Loans (FISL)

Federally sponsored loan program that preceded the Federal Family Education Loan

Guaranteed Student Loans (GSL)

Created to aid students in obtaining low-interest, long-term loans from private lenders for education expenses. The guaranteed loans were an essential supplement to other federal, state, institutional and private financial assistance programs.

Supplemental Loans For Students (SLS)

Federally sponsored supplemental loan program. It was eliminated in 1994 and, as a result, independent undergraduate students (and dependent students whose parents are unable to obtain PLUS loans) are now offered additional unsubsidized Stafford loan eligibility equal to the prior SLS annual and aggregate loan limits.