CHESLA

AcronymDefinition
CHESLAConnecticut Higher Education Supplemental Loan Authority
References in periodicals archive ?
CHESLA state-supported revenue bonds issued under the 1990 resolution are special obligations of the authority secured by education loan repayments and a special capital reserve fund (SCRF) equal to maximum annual debt service.
6 million in outstanding CHESLA revenue bonds issued under the 1990 resolution, at 'AA-'; --$1.
5 million in CHESLA revenue bonds issued under the 1990 resolution, at 'AA-';
CHESLA is a public instrumentality and body corporate and politic of the State of Connecticut.
The Connecticut Higher Education Supplemental Loan Authority Act established that CHESLA must maintain a special capital reserve fund (SCRF) as security for the bonds.
CHESLA is authorized to issue bonds or notes for the purpose of providing financial assistance to Connecticut students and families using private student loans to supplement the costs of postsecondary education beyond those covered by federally insured loan programs.
Currently, CHESLA has other outstanding bonds in the amount of $114,260,000 issued pursuant to a bond resolution dated June 2, 1990.