Alliance District Teacher Loan Subsidy Program
August 3, 2022A teaching staff that mirrors the diversity of the student body it serves provides the best educational outcomes for our kids.
That is why I am pleased to share details on the Alliance District Teacher Loan Subsidy Program (ADTLS) that aims to increase recruitment of a diverse teaching staff in the alliance schools by allowing the refinancing of student loans at a lower interest rate.
When teachers refinance to a Connecticut Higher Education Supplemental Loan Authority (CHESLA) alliance district teacher loan, their interest rate will be reduced by a three-percentage point subsidy compared to the standard finance rate.
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