CHESLA Alliance District Teacher Loan Subsidy Program

If you have at least $5,000 in private student loans, you may qualify for the Alliance District Teacher Loan Subsidy (ADTLS) Program. How does it work? If you meet eligibility requirements and teach in one of Connecticut’s 33 highest need school districts, you can: 

• Refinance up to $25,000 in private student loans with reduced interest rates.
• Receive a 3% interest rate subsidy.
• Get new interest rates of 0.75-2.49%, including the 3% subsidy. 

Learn more about the ADTLS Program and eligibility requirements.

What does a 3% interest rate subsidy mean?Basically, as long as you teach in an Alliance District school, your interest rate will be lowered by 3%, in addition to your refinanced interest rate. If you stop teaching in an alliance school, you'll keep your refinancing, but your interest rate will increase by 3%.