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Funding Facts

 

Charter School Revolving Loan Fund

Posted: August 7, 2009

Funding Source: CA Dept of Education

Eligible Applicants: Local educational agencies, nonprofit organizations

Required Eligibility Criteria: The Revolving Loan program 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.

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. The Revolving Loan program 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.

View at http://www.cde.ca.gov/fg/fo/profile.asp?id=1667.