The Connecticut Higher Education Supplemental Loan Authority (CHESLA) is a quasi-public state authority created to help students and their families finance the cost of higher education. With funding backed by the State of Connecticut, CHESLA's loan rates are low. We are a non-profit agency that channels our resources into helping you reach your educational goals.
It is never too late to find a better way. Check out CHESLA's new Student Loan Refinancing program for great rates, flexible terms and a fresh start. CHESLA is proud to offer scholarships for Connecticut residents pursuing higher education in Connecticut. Low-cost, fixed rate for the life of your loan - CHESLA gives you a low rate, peace of mind and predictability.
It is never too late to find a better way. Check out CHESLA's new Student Loan Refinancing program for great rates, flexible terms and a fresh start. CHESLA is proud to offer scholarships for Connecticut residents pursuing higher education in Connecticut. Low-cost, fixed rate for the life of your loan - CHESLA gives you a low rate, peace of mind and predictability.
Services
Expand post-secondary educational opportunities and enhance the State's economic and workforce development through post-secondary education by providing cost-effective education financing programs and information resources to Connecticut students, alumni and their families.
Serve as Connecticut's leading resource for students as they plan for their post-secondary education by providing financing, information and tools for students to make informed decisions; enhance the competitiveness of Connecticut educational institutions by providing grants and additional financing options; encourage interest in post-secondary education to help the State meet its workforce needs; and enhance economic development through innovative post-secondary education programs.
Serve as Connecticut's leading resource for students as they plan for their post-secondary education by providing financing, information and tools for students to make informed decisions; enhance the competitiveness of Connecticut educational institutions by providing grants and additional financing options; encourage interest in post-secondary education to help the State meet its workforce needs; and enhance economic development through innovative post-secondary education programs.
At this time, these benefits are not available with other federal student loans, such as Perkins loans and FFELP loans not owned by the Department of Education. However, you can obtain these benefits by consolidating other federal student loans into a Direct Consolidation Loan. In addition, Congress and/or the Department of Education may extend these benefits or offer other benefits in the future.
The Connecticut Higher Education Supplemental Loan Authority's (CHESLA) mission is to help students plan, save and pay for college. We love to connect with students and schools through college fairs and financial literacy events. We have created a Financial Aid Basics presentation to present to high school juniors and seniors.
Employers that offer student loan repayment for employees have an advantage in attracting and retaining highly qualified staff*. Employees experience reduced financial stress, while your company culture and staff engagement improves. 6 out of 10 adults with student loan debt would consider switching employers to receive help in paying off debt.
The CHESLA Loan is a low-cost fixed interest rate student loan available to Connecticut residents attending college in-state or out-of-state and to U.S. students attending college in Connecticut. Interest only payments while in school for undergrads and for a six month grace period after the student leaves school.
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