Connecticut is launching its Student Loan Reimbursement Program Jan. 1.
The program was created through legislation passed by the state’s General Assembly earlier this year. With $6 million in funding, it will reduce state borrowers more than $18 billion in student loan debt. Aside from being a Connecticut resident for five consecutive years, they need to have performed 50 hours of volunteer work at an approved organization in 2024.
Michael Criscuolo, associate administrative fiscal officer for the Connecticut Office of Higher Education, mentioned some of the other eligibility requirements…