Charter School Revolving Loan Fund 2011-12

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.

Eligibility

Eligible Applicants	Local educational agencies
Required Eligibility Criteria	The Charter School Revolving Loan Fund 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	2011-12
SACS Resource/ Revenue Codes	0000 / 8979
Total Available	$13,000,000
Recipient Amount	$250,000 (maximum)
Match Requirement	No
Allocation Formula	Funding amounts are determined by a charter school’s financial need and ability to make repayments.

Important Dates

Date Application Available	February 27, 2012
Due Date	March 30, 2012
Expected Notification Date	June 30, 2012

Additional Information

Application	http://www.cde.ca.gov/fg/fo/r1/csrevloan11rfa.asp
Background	http://www.cde.ca.gov/sp/cs/as/csrevloantoc.asp
Fiscal	Unavailable
Funding Results	http://www.cde.ca.gov/fg/fo/r1/csrlf11rslts.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