Passed during the 2023 session, and part of PA 24-81, The Office of Higher Education may approve the participation of any person in the student loan reimbursement program. Criteria include:
- Must have graduated from a Connecticut state public or private college or university with a bachelor’s or associate degree or have an occupational/professional license or certificate or left such college in good standing and was granted a hardship waiver by the Office of Higher Education.
- Must be a CT resident for at least five years.
- Must have a Connecticut adjusted gross income of not more than $125,000 for single applicants and file a federal tax return as unmarried or have a Connecticut adjusted gross income of not more than $175,000 for married applicants and file a federal tax return as head of household, married filing jointly or a surviving spouse.
- Must have an outstanding student loan balance and made payments in 2024 towards federal direct loans, federal direct PLUS loans, federal Perkins loans, a CHESLA loan, or other state’s sponsored student loans, or a private student loan.
- Must have volunteered for at least 50 hours at a Connecticut nonprofit organization that is registered with the Department of Consumer Protection, municipal government, served on the Board of Directors for a nonprofit organization, or has military service after January 1, 2024.
I love this program for a lot of reasons. It is a win-win for everyone involved. Please click on the video below for my comments. |
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