About Us

CHESLA’s Mission

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.

CHESLA’s Vision

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.

CHESLA Board and Staff

CHESLA News & Events

CHESLA Meetings

CHESLA Reports

Committed to helping students meet their educational goals

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.

CHESLA serves as an alternative source of loan funds for students who:

  • Have exhausted financial aid and scholarships, and
  • Seek the type of loan options and high quality service provided by alternative state loan programs

CHESLA’s parent company, Connecticut Health & Educational Facilities Authority (CHEFA), is building Connecticut’s Future providing financing tools and assistance to eligible entities in the State that serve Connecticut residents and enhance their quality of life. Issuing more than $20.9 billion in tax-exempt bonds for colleges, hospitals and other non-profits.

Our Impact

In-School Loans

In-School Loan Volume

Refinance Loans

Refinance Loan Volume


Scholarship Volume

Requests for Proposals

There are no RFPs currently open, please check back at a later time.

Ready to take the next step in your education journey?

Contact CHESLA today and explore the financial solutions that will pave the way to your academic success!