About Us
CHESLA’s Mission
Expand educational opportunities and enhance the State’s economic and workforce development by providing cost-effective financing programs for post-secondary education, scholarships, and information resources to Connecticut students, alumni and their families.
CHESLA’s Vision
Be the State’s primary resource for innovative financing solutions that support post-secondary education and further the State’s workforce development goals.
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
Scholarships
Scholarship Volume
Requests for Proposals
Please see PDF’s below.
CHESLA Refi CT Financing Vehicles
The Authority seeks indications of interest from banking institutions who might consider working
with CHESLA to 1) develop and implement a financing vehicle(s) (with both taxable and tax-exempt
options) to originate and finance CHESLA Refi CT loans or 2) directly originate CHESLA Refi CT
loans.
Due date: 11/13/24 by 2pm
Underwriting Services
The Authority is requesting proposals from qualified firms wishing to provide underwriting services to the
Authority for a period not to exceed three (3) years.The Authority seeks proposals from firms with established expertise in the area of tax-exempt municipal finance generally and/or specifically student loan financings.
Due date: 12/06/24 by 2pm
Consumer Finance Counsel Services
The Authority is requesting proposals from qualified firms wishing to provide consumer finance legal consulting services to the Authority for a period not to exceed three (3) years. The Authority seeks proposals from firms with established expertise in consumer law, specifically with regards to student loans.
Due date: 12/06/24 by 2pm
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!