Louisiana Office of Student Financial Assistance
- Company typePrivate
- Founded1989
- HeadquartersBaton Rouge, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
Louisiana Office of Student Financial Assistance firmographics
Firmographics- Name
- Louisiana Office of Student Financial Assistance
- Legal name
- Louisiana Office of Student Financial Assistance
- Website
- https://mylosfa.la.gov
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Louisiana Office of Student Financial Assistance industry classification
Industry- Product category
- State Student Financial Aid Administration
- NAICS
- Grantmaking and Giving Services (81321), Educational Support Services (611710), Educational Support Services (6117)
- SIC
- Services-Social Services (8300), Services-Educational Services (8200)
- akta.pro primary industry
- Government Student Financial Aid Agencies (EDADAHAA)
- akta.pro secondary industries
- Student Loan Programs & Servicers (Public/Nonprofit) (EDADAHAE), Financial Aid Policy, Eligibility & Needs-Analysis Authorities (EDADAHAH)
Keywords
Where Louisiana Office of Student Financial Assistance is headquartered
LocationHeadquarters
- HQ city
- Baton Rouge
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Louisiana Office of Student Financial Assistance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- State Scholarship and Grant Administration: LOSFA is a state government agency that administers Louisiana's scholarship and grant programs funded through state legislative appropriations. Programs include TOPS, GO Grant, M.J. Foster Promise, and other state-funded financial aid. LOSFA does not generate revenue but distributes state funding to eligible students.
- 529 Savings Plan Administration: Administration of Louisiana's Section 529 college savings plan, educational savings plan for K-12 tuition, and 529A savings plan for eligible individuals with disabilities. Programs include START, START K12, and LA ABLE.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Chafee Educational Training Voucher (ETV) Program - $5,000 per academic year for foster care students |
| Other | Annual | M.J. Foster Promise Program - Up to $6,400 over 3 years |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels8 records
Louisiana Office of Student Financial Assistance product offering
Product offeringCore offering
LOSFA is a state agency that administers Louisiana's scholarship and grant programs (TOPS, GO Grant, M.J. Foster Promise, Rockefeller Wildlife, Chafee ETV, and others) and the state's Section 529 college savings plans (START, START K12, LA ABLE). The agency delivers comprehensive college access advising, financial literacy support, and online platforms (Student Hub and Louisiana Award System) that enable students to track award eligibility and financial aid professionals to manage disbursements.
Product overview
The Louisiana Office of Student Financial Assistance (LOSFA) is a state agency that administers Louisiana's scholarship, grant, and college savings programs. The organization operates a multi-product portfolio centered around the TOPS (Taylor Opportunity Program for Students) merit-based scholarship system with five award levels (Opportunity, Performance, Honors, Excellence, and TOPS Tech variants). Beyond TOPS, LOSFA manages need-based aid programs (GO Grant, M.J. Foster Promise Program), specialized scholarships (Rockefeller Wildlife, Geaux Teach, CHAFEE ETV), loan repayment assistance (John R. Justice), and the state's 529 college savings programs (START, START K12, LA ABLE). LOSFA provides these through technology platforms including the Student Hub portal for student award tracking and the Louisiana Award System for institutional access, supplemented by Comprehensive Advising Services and Student Network Groups for college access support.
Differentiator
Problem solved
Functional benefit
Products and services
- TOPS (Taylor Opportunity Program for Students)
Quantifiable outcome
- $6.16 billion in awards distributed since inception
- +2 more outcomes
Companies that use Louisiana Office of Student Financial Assistance
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
Louisiana Office of Student Financial Assistance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Louisiana Office of Student Financial Assistance partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and minor.
- Louisiana Board of RegentscoreLOSFA is a Program of the Louisiana Board of Regents, which provides governance and oversight for all state student financial assistance programs and 529 savings plans.
- Louisiana Tuition Trust Authority (LATTA)corePublic body comprised of Board of Regents members, state officials, and appointees that governs the administration of Louisiana's Section 529 College Savings Plan and ABLE program.
- ABLE Account Advisory CouncilcoreTen-member council that advises and consults with LATTA on matters relative to the administration and adoption of rules pertaining to the ABLE program.
- LOSFA Advisory BoardcoreEleven-member voting board that meets regularly to consider matters relating to student financial assistance programs and Section 529 College Savings Plan, providing technical advice to the Board of Regents through LOSFA staff.
- Louisiana Department of Children and Family Services (DCFS)minorDCFS funds the STEP (Strategies To Empower People) program for Family Independence Temporary Assistance Program (FITAP) recipients, providing vocational education scholarships.
- Louisiana Workforce CommissioncoreState agency partner for apprenticeship programs and workforce development initiatives, including the M.J. Foster Promise Program Advisory Council that identifies approved programs of study in high-demand fields.
- 1881 InstituteminorPre-apprenticeship program provider offering quality pre-apprenticeship training to prepare individuals for registered apprenticeship programs.
- ApprentiminorApprenticeship program partner providing pathways into technology careers through registered apprenticeships.
- Ochsner Health SystemminorMajor Louisiana healthcare employer partner providing apprenticeship opportunities in healthcare and nursing fields.
- DOW ChemicalminorMajor Louisiana employer providing apprenticeship opportunities in manufacturing and chemical production trades.
- BASF North America (Geismar, Louisiana)minorGlobal chemical company with major Louisiana operations providing apprenticeship opportunities in manufacturing and technical fields.
- Union Pacific RailroadminorMajor railroad employer providing apprenticeship and career opportunities in transportation and logistics.
- Electrical Training AllianceminorNational training organization providing pre-apprenticeship and apprenticeship programs for electrical trades.
- All Louisiana Postsecondary InstitutionscoreAll Louisiana public universities, community colleges, technical colleges, proprietary schools, and private colleges participate in LOSFA programs including TOPS, GO Grant, and M.J. Foster Promise.
- Louisiana National GuardminorPartner for the Youth ChalleNGe Program (YCP) providing education and career training for at-risk youth, and the Patriot Scholarship for National Guard members.
- Southeastern Louisiana University (Educational Opportunity Centers)minorHost institution for the Educational Opportunity Centers program providing counseling and college admission assistance for adults seeking postsecondary education.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
Louisiana Office of Student Financial Assistance competitors and assessment
Company assessmentMarket position
Strengths3 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Louisiana Office of Student Financial Assistance social profiles
Digital presenceLouisiana Office of Student Financial Assistance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Louisiana Office of Student Financial Assistance leadership team
Management profileNumber of profiles
Profiles3 records
Louisiana Office of Student Financial Assistance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Louisiana Office of Student Financial Assistance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Louisiana Office of Student Financial Assistance
What does Louisiana Office of Student Financial Assistance do?
LOSFA is a state agency that administers Louisiana's scholarship and grant programs (TOPS, GO Grant, M.J. Foster Promise, Rockefeller Wildlife, Chafee ETV, and others) and the state's Section 529 college savings plans (START, START K12, LA ABLE). The agency delivers comprehensive college access advising, financial literacy support, and online platforms (Student Hub and Louisiana Award System) that enable students to track award eligibility and financial aid professionals to manage disbursements.
Is Louisiana Office of Student Financial Assistance a public or private company?
Louisiana Office of Student Financial Assistance is a private company. It is classified as state government owned and is currently operating.
When was Louisiana Office of Student Financial Assistance founded?
Louisiana Office of Student Financial Assistance was founded in 1989. It employs 51 to 100 people.
Where is Louisiana Office of Student Financial Assistance based?
Louisiana Office of Student Financial Assistance is headquartered in Baton Rouge, United States, in the North America region.
How does Louisiana Office of Student Financial Assistance make money?
Two revenue lines are on record. State Scholarship and Grant Administration is the primary driver. The others are 529 Savings Plan Administration.
Does Louisiana Office of Student Financial Assistance have an API?
No public API is recorded for Louisiana Office of Student Financial Assistance.
What industry is Louisiana Office of Student Financial Assistance in?
Louisiana Office of Student Financial Assistance's product category is State Student Financial Aid Administration. Its primary akta.pro industry code is EDADAHAA, Government Student Financial Aid Agencies, with a secondary code of EDADAHAE, Student Loan Programs & Servicers (Public/Nonprofit). Its NAICS code is 81321 and its SIC code is 8300.