Fixed-Rate, No-Fee Loans
Loan funds still remain for undergraduate and graduate students, and everyone approved for a loan receives a 4.59% fixed interest rate and no fees. There are also low monthly payments of $3.83 per $1,000 borrowed during the in-school and six-month grace period, and $9.24 per $1,000 borrowed during the 140-month repayment term for principal and interest. You can apply here.
Low Refinance Rates
As of Dec. 1, 2021, CHESLA's Refi CT loan fixed rates range from 3.75% to 4.99% with no fees. Borrowers can refinance non-federal student loans with Refi CT and reduce their interest rate by an average of 2.0%. The minimum loan amount to refinance is $5,000 up to a maximum of $125,000. Loans being refinanced must be in repayment status and in good standing. For more information and to apply, click here.
High School Outreach Program
CHESLA provides a free presentation on the basics of financial aid to students and parents, which highlights information about the FAFSA form, Financial Aid Award Letter, comparing colleges financially, understanding how interest works and more. Visit chesla.org/outreach for more information or email sreynolds@chesla.org if your school is interested in having CHESLA present to it.
Scholarships for Certificate Programs
Scholarship funds are still available on a first-come, first-served basis for students pursuing a healthcare or manufacturing certificate for the current academic year. Email scholarships@chesla.org with any questions or apply here.
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