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Charter School Revolving Loan Fund 2012-13

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 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.

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 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.

Important Dates

Date
Application
Available
February 22, 2013
Due Date April 5, 2013
Expected
Notification Date
June 30, 2013

Additional Information

Application http://www.cde.ca.gov/fg/fo/r1/csrevloan12rfa.asp
Background http://www.cde.ca.gov/sp/cs/as/csrevloantoc.asp
Fiscal Unavailable
Funding Resultshttp://www.cde.ca.gov/fg/fo/r1/csrlf12rslts.asp
Other Unavailable

Contacts

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

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