About Franklin Lindsay

Mr. Franklin Lindsay of Austin, Texas was a man committed to helping students of Texas schools achieve their goals of higher education. To ensure that this help would be available for generations to come he established a nonprofit student loan fund. The structure of the Fund is based on Mr. Lindsay's desire that his $2 million estate be held and managed in trust to benefit students attending Texas colleges and universities. The first student loans approved by the Fund were paid out for the 1957-58 academic year. Today, we actively manage the Fund's investments and the proceeds are disbursed annually in the form of fixed rate, low interest student loans. Loans repaid are reinvested in the Fund and the cycle has continued for over 50 years. Mr. Lindsay passed away at the age of 80 on May 4, 1954 and we are proud to honor his legacy and commitment to students of Texas schools by continuing to offer high quality, fixed rate, low interest student loans.