Helping with Student Debt

July 11, 2016

Student loan debt has been a major concern for current and future graduates of Connecticut. To help students and alumni, the Connecticut Higher Education Supplemental Loan Authority (CHESLA) recently started offering borrowers the chance to refinance their school debt with a new program entitled Refi CT.

This new program from Connecticut's supplemental college-loan fund carries the option for a five-, 10-, or 15 year term and can help students refinance their loan with a fixed interest rate as low as 4.25 percent.

Applications can be submitted online at www.chesla.org. There is no application or origination fee.

Providing student loan debt relief is essential in making sure Connecticut remains an attractive place to live and work. I will continue to work hard to ensure graduates are not burdened by their student loan debt and that they can instead start planning for their future.