Access to Arizona Higher Education Loan Authority, Bond Information

The Arizona Higher Education Loan Authority (AHELA) is an Arizona private nonprofit organization, which operates exclusively for the purpose of financing certain loans authorized under the Higher Education Act of 1965, as amended (the Higher Education Act). Arizona Higher Education Loan Authority (AHELA) finances student, parent, and consolidation loans that are guaranteed and reinsured under the Higher Education Act. The loans originated or acquired by Arizona Higher Education Loan Authority (AHELA) are financed primarily through the issuance of tax-exempt bonds. These bonds are limited obligations of Arizona Higher Education Loan Authority and, as such, are payable solely from the student loans and other assets pledged under the applicable indenture. The bonds do not constitute general obligations of Arizona Higher Education Loan Authority. The bonds are described in various offering documents. The Arizona Higher Education Loan Authority (AHELA) includes on this website certain financial reports and information and its Official Statements for recently issued bonds as a service to its investors and for information purposes only. THIS IS NOT AN OFFERING DOCUMENT. The information provided herein relates to bonds issued by Arizona Higher Education Loan Authority (AHELA) that have been sold in offerings described in the related Official Statements. Each viewer of the following information should review the entire Official Statement, including, but not limited to, the section entitled “CERTAIN RISK FACTORS.” Each viewer of the following information acknowledges that (i) Arizona Higher Education Loan Authority (AHELA) is not now by this document offering any securities nor soliciting an offer to buy securities, (ii) this information is not to be construed as a description of Arizona Higher Education Loan Authority (AHELA)or its programs in conjunction with any offering of securities, nor shall anyone assume from the availability of the following information that the affairs of Arizona Higher Education Loan Authority (AHELA) (or it programs) have not changed since the date of this information, (iii) no representation is made as to the propriety or legality of any secondary market trading of the securities Arizona Higher Education Loan Authority (AHELA) by anyone in any jurisdiction, and (iv) the information speaks only as of its date, and Arizona Higher Education Loan Authority (AHELA) does not hereby obligate itself in any manner to periodically or otherwise update this information or to maintain the availability of this information. The information does not purport to include every item that may be of interest, nor does it purport to present full and fair disclosure with respect to any of its obligations within the meaning of applicable securities laws.

Access to Bond Information. In order to access the bond information contained herein you must indicate your understanding and agreement to the foregoing information and disclaimer by clicking the “I Agree” button below.