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Charter School Revolving Loan Fund 2012-13

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 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 RFA-12: Charter School Fund [http://www.cde.ca.gov/fg/fo/r1/csrevloan12rfa.asp]
Background Charter School Revolving Loan Fund Information [http://www.cde.ca.gov/sp/cs/as/csrevloantoc.asp]
Fiscal Unavailable
Funding ResultsFunding Results [http://www.cde.ca.gov/fg/fo/r1/csrlf12rslts.asp]
Other Unavailable

Contacts

Program Cindy Chan, 916-322-6029, CSRLF-APPS@cde.ca.gov
Fiscal Cindy Chan, 916-327-1824, cchan@cde.ca.gov
Division Charter School Division, 916-322-6029 (phone), 916-322-1465 (fax)
Last Modified: March 25, 2013
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