Are you an Alliance District teacher with private student loans? Attend a CEA webinar on Tuesday, May 9 from 5 – 5:30 p.m. and find out how you may be able to save hundreds of dollars every month.
The Alliance District Teacher Loan Subsidy (ADTLS) Program offers an interest rate subsidy when you refinance existing non-federal student loans. Teachers who have applied so far have been able to reduce their loan rates by an average of 4.96%. Subsidized rates range from 0.75% to 2.49% across 5, 10, and 15 year repayment terms.
Sydney, a teacher in Windsor, says, “I was approved for the loan and went from having a private loan with an interest rate of 11% to an interest rate of 2%. My payments are basically cut in half! As a third-year teacher with many student loans, this was a huge success.”
Find out how much you could save. Sign up for the webinar to learn more from an expert with the Connecticut Higher Education Supplemental Loan Authority (CHESLA).
Teachers in any of Connecticut’s Alliance District public schools are eligible to refinance private student loans. The program is designed to attract, support, and retain educators who reflect the racial, ethnic, and linguistic diversity of Connecticut students.
All Connecticut educators with federal student loans interested in finding out if they qualify for Public Service Loan Forgiveness can register for a free webinar to learn more on May 3 or 23.
