According to Michael Criscuolo from the Connecticut Office of Higher Education, the program aims to ease the burden of the state’s $18 billion in collective student loan debt. “People think that it’s a great program,” Criscuolo shared, adding, “We’re anticipating hundreds of thousands of applications.”
When and how to apply
Applications open January 1, 2025, through the CT SCHOLARS portal. Create an account, complete the application, and upload required documentation, including proof of payments and volunteer service. Once the funds are exhausted, the program closes for the year.
How Much Can You Get?
Reimbursement amounts are based on what you paid toward your loans in 2024. For instance, if you paid $100 monthly, you could receive $1,200 in relief. The maximum reimbursement is $5,000 annually, with a lifetime cap of $20,000 over four years, contingent on continued program funding.
