Connecticut Higher Education Supplemental Loan Authority

Student borrowers must be 18 or older to apply for a CHESLA loan. The current APR is 6.35 percent fixed with no origination fee.

It is an alternative source of funds for those who fall into the following categories:

• Exhausted financial aid and scholarships
• Seek the options and high-quality service provided by an alternative state loan program

The 0.25 percent ACH interest rate reduction is available. Click here for more information and to apply.