California Department of Education
1430 N Street
Sacramento, CA 95814
The purpose of the Charter School Revolving Loan Fund is to provide loans to charter schools to assist with activities that meet the purposes of their approved charters. A charter school may receive loan funding up to $250,000. Priority for funding will be given to new charter schools for initial expenses.
| 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 |
| Legal Authority |
California Education Code sections 41365-41367. |
|---|---|
| Source / Type | State / Apportionment |
| State Fiscal Year | 2012-13 |
| SACS Resource/ Revenue Codes |
0000 / 8979 |
| Total Available | $10,000,000 |
| Recipient Amount |
$250,000 (maximum) |
| Match Requirement |
No |
| Allocation Formula | Loan amounts are determined by a charter school’s financial need and ability to make loan repayments. |
| Date Application Available |
February 22, 2013 |
|---|---|
| Due Date | April 5, 2013 |
| Expected Notification Date |
June 30, 2013 |
| Application | http://www.cde.ca.gov/fg/fo/r1/csrevloan12rfa.asp |
|---|---|
| Background | http://www.cde.ca.gov/sp/cs/as/csrevloantoc.asp |
| Fiscal | Unavailable |
| Other | Unavailable |
| Program | Cindy Chan Phone : 916-322-6029 E-mail : CSRLF-APPS@cde.ca.gov |
|---|---|
| Fiscal | Cindy Chan Phone : 916-327-1824 E-mail : cchan@cde.ca.gov |
| Division | Charter School Division Phone : 916-322-6029 Fax : 916-322-1465 |
Last Modified: March 25, 2013
California Department of Education
1430 N Street
Sacramento, CA 95814