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Charter School Revolving Loan Fund

NOTE: The application due date for this program has passed.


Funding Description

The purpose of the Charter School Revolving Loan Fund is to provide loans to charter schools to assist them with activities that meet the purposes of their approved charters. A charter school may receive up to $250,000, and priority for funding will be given to new charter schools for initial expenses. The Revolving Loan program is available to any charter school that is not a conversion of an existing public school, and that has not yet completed the full term of its initial charter.

Eligibility

Eligible Applicants Local educational agencies, nonprofit organizations
Required Eligibility Criteria The Revolving Loan program is available to any charter school that is not a conversion of an existing public school, and that has not yet completed the full term of its initial charter.
Other Eligibility Considerations Not applicable
Eligible Grade Level(s) K, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12,
Eligible Age Level(s) Not applicable

Funding

Legal Authority California Education Code sections 41365-41367
Source / Type State / Apportionment
State Fiscal Year 2010-11
SACS Resource / Revenue Codes 0000 / 8979
Total Available $1,800,000
Recipient Amount $250,000 (maximum)
Match Requirement No
Allocation Formula Funding amounts are determined by need and ability to pay.

Important Dates

Date Application Available October 15, 2010
Due Date April 30, 2011
Expected Notification Date June 30, 2011

Additional Information

Application Charter School Revolving Loan Fund [http://www.cde.ca.gov/fg/fo/r1/csrevloan10rfa.asp]
Background Charter School Revolving Loan Fund Information [http://www.cde.ca.gov/sp/cs/as/csrevloantoc.asp]
Fiscal Unavailable
Funding ResultsCharter Schools Revolving Loan Fund 2010-11 [http://www.cde.ca.gov/fg/fo/r1/csrlf10results.asp]
Other Unavailable

Contacts

Program Charter Schools Revolving Loan Fund, 916-322-1755, CSRLF-APPS@cde.ca.gov
Fiscal Charter Schools Revolving Loan Fund, 916-322-1755, CSRLF-APPS@cde.ca.gov
Division Charter School Division, 916-322-6029 (phone), 916-322-1465 (fax)
Last Modified: February 27, 2013
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