CHESLA was created by the state of Connecticut in 1982 to help students and families finance the cost of higher education by reducing the financial burden of borrowing.
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.
- Have exhausted financial aid and scholarships, and
- Seek the type of loan options and high quality service provided by alternative state loan programs