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Charter School Revolving Loan Fund 2011-12

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.

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 Charter School Revolving Loan Fund 2011-12 [http://www.cde.ca.gov/fg/fo/r1/csrevloan11rfa.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 2011-12 [http://www.cde.ca.gov/fg/fo/r1/csrlf11rslts.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: March 28, 2013
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