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The Charter School Revolving Loan Fund Program

State Treasurer's Office

Funding Amount

Between $100,000 and $250,000

Deadline

Rolling / Open

Grant Type

state

Overview

The Charter School Revolving Loan Fund Program

The Charter School Revolving Loan Fund Program provides low-cost loans of up to $250,000 to charter schools

The Charter School Revolving Loan Fund (CSRFL) Program provides low-cost loans of up to $250,000 to charter schools, with priority given to schools opening in the current fiscal year. The Authority conducts extensive credit evaluations, makes funding recommendations, executes loan agreements, creates payment schedules, disburses funds, offsets loan payments, collects delinquent or defaulted loans, and develops program fund reconciliations and projections. The Authority sends out a Listserve to announce the opening and closing of the application period.

Details

  • Agency: State Treasurer's Office
  • Type: Loan
  • Funding Source: Other
  • Estimated Available Funds: $25,000,000
  • Estimated Awards: Dependant on number of submissions received, application process, etc.
  • Award Amount: Between $100,000 and $250,000
  • Funding Method: Advance(s)
  • Matching Funds: Not Required
  • Geography: Please refer to the Program Regulations, Section 10170.20 (d) . Application Review and Evaluation/Underwriting Criteria.

Categories

Education

Eligible Applicants

Nonprofit; Public Agency

Eligibility

Eligible Applicant Types

NonprofitPublic Agency

How to Apply

Focus Areas & Funding Uses

Fields of Work

charter-schoolseducation

Project Locations

CA

Categories

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