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Charter School Revolving Loan Fund

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

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 http://www.cde.ca.gov/fg/fo/r1/csrevloan10rfa.asp
Background http://www.cde.ca.gov/sp/cs/as/csrevloantoc.asp
Fiscal Unavailable
Funding Resultshttp://www.cde.ca.gov/fg/fo/r1/csrlf10results.asp
Other Unavailable

Contacts

Program Charter Schools Revolving Loan Fund
Phone : 916-322-1755
E-mail : CSRLF-APPS@cde.ca.gov
Fiscal Charter Schools Revolving Loan Fund
Phone : 916-322-1755
E-mail : CSRLF-APPS@cde.ca.gov
Division Charter School Division
Phone : 916-322-6029
Fax : 916-322-1465

Last Modified: February 27, 2013

California Department of Education
1430 N Street
Sacramento, CA 95814

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