The Charter School Revolving Loan Fund Program Grant

The Charter School Revolving Loan Fund Program Grant

Status: ACTIVE
Funder: California State Treasurer's Office
Amount: Up to US $250,000
Last Updated: January 02, 2026

Summary

The Charter School Revolving Loan Fund Program provides low-cost loans up to $250,000 to charter schools, prioritizing those opening in the current fiscal year. Established by the California State Treasurer's Office, this program supports charter schools with funding recommendations and payment schedules. Applications are accepted on a first-come, first-served basis, ensuring equitable distribution of resources. Eligibility requirements include compliance with specific charter regulations and maintaining good standing within the chartering authority.

Overview

NOTE: Based on availability of funding, Applications will be accepted on an ongoing first come first-served basis, with priority given based on date of submission and criteria set forth at Section 10170.20. The Charter School Revolving Loan Fund (CSRLF) 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. This program, previously administered by the California Department of Education, was transferred to the Authority in 2013-14.

Eligibility

You can learn more about this opportunity by visiting the funder's website. An Applicant shall be eligible to apply for a loan if the following conditions are met:The Application is submitted by a Charter School or by a Chartering Authority.The Charter School shall not operate as, or be operated by, a for-profit corporation, a for-profit educational management organization, or a for-profit charter organization.The Charter School is established pursuant to Education Code section 47600 et seq.An approved charter has been awarded, is in place, and is current at the time of Application. In the case of a first year Charter School, the Applicant shall submit evidence that its charter petition has been submitted to a Chartering Authority for approval and that it anticipates beginning operations in the following fiscal year.If the Applicant is a Charter School applying on its own behalf, the Charter School shall be an Incorporated Charter School as demonstrated by Articles of Incorporation.The Charter School is not a conversion from an existing public school.The Charter School has not had its charter renewed as of the date of submission of its Application.The Charter School has no material legal issues.A Charter School may receive multiple loans. In no instance may a Charter School receive more than $250,000 in Program loans over the lifetime of the Charter School.The Charter School and/or Affiliated Organization, if applicable, are in compliance with all programs administered by the Authority.The Charter School is in Good Standing as described in Section 10170.17(j) during the fiscal year.The Authority shall determine whether the Application is complete. If the Authoritydetermines that additional information is needed, the Authority shall notify the Applicant and request such information. If the Applicant fails to provide the information as requested, the Applicant shall be ineligible for a Program loan.

Ineligibility

An Applicant found not to be in Good Standing, as determined by their Chartering Authority, shall be ineligible for program funds.