This report was undertaken at the request of the Connecticut Higher Education Supplemental Loan Authority (CHESLA) to determine the economic impact of its college loan and scholarship program. CHESLA is a quasi-public entity of the state of Connecticut charged with helping to make college more affordable and attainable for the citizens of the state of […]

CHESLA held a press conference with Governor Ned Lamont, Lieutenant Governor Susan Bysiewicz and the State Department of Education to announce the launch of the CHESLA Alliance District Teacher Loan Subsidy Program.

The Center for Effective Philanthropy published a piece by Betty Sugerman Weintraub, CHEFA Manager of Grant Programs and Philanthropic Outreach, highlighting the need for philanthropy to fund capital infrastructure needs for nonprofit organizations. CHEFA is among the only Connecticut funders allowing organizations to apply for capital or program grants.

The Connecticut Health and Educational Facilities Authority (CHEFA) awarded more than $1 million in grants in its FY 2022 John M. Biancamano CHEFA Client Grant Program. The grants were made in the education, healthcare, and childcare sectors.

CHEFA is committed to providing educational opportunities to our clients, staff and Board of Directors

Established in 2002, the CHEFA Grant Program has awarded more than $40 million for programmatic and capital expenditures to statewide organizations representing four of the most important sectors of the state’s economy: healthcare, education, childcare, and culture.

With two decades behind us and the next decade beginning, the future continues to look bright for CHEFA’s Grant Programs. With an eye toward established and innovative grantmaking, community involvement, and collaboration with key Connecticut stakeholders, we will continue to be a philanthropic leader funding impactful statewide programs and projects supporting the state’s residents.

Yesterday Governor Lamont held a bill signing ceremony to commemorate the adoption of legislation establishing the Connecticut Higher Education Supplemental Loan Authority (CHESLA) Alliance District Teacher Loan Subsidy Program. This legislation will provide an interest rate subsidy on CHESLA loans to teachers who commit to teaching in one of Connecticut’s 33 highest need school districts. […]

Hartford, CT, June 25, 2021- The Connecticut Higher Education Supplemental Loan Authority (CHESLA) announced that its myCHESLA Student Loan will have a 4.59% fixed rate with no fees for the 2021-2022 academic year. The new student loan interest rate sets a record low for the program following last year’s low of 4.85%. Assistant Director for […]

CHEFA is proud to employ a diverse professional staff made up of individuals from a broad spectrum of backgrounds. We believe diversity and respect for one another is a fundamental component in enhancing organizational effectiveness and promoting professional development. This belief is reflected in our core values and CHEFA employees recognize the value of diversity, […]