The Charter School Revolving Loan Fund Program

State Treasurer's Office · State of California

At a glance

The Charter School Revolving Loan Fund Program is an open California state loan opportunity from the State Treasurer's Office (State of California). Applications are accepted on an ongoing basis. Individual awards are listed as $100K – $250K, with $25M in total estimated funding. Applicant types listed as eligible include nonprofit and public agency. It is listed on the California Grants Portal. Cost sharing is not required.

Summary assembled from the official notice's fields. The official notice governs.

Key facts

Opened: Jul 1, 2013
Close date: Ongoing
Award floor: $100,000
Award ceiling: $250,000
Est. total funding: $25,000,000
Expected awards: Not specified
Matching funds: Not required
Funding instrument: Loan

Program details (as published on the California Grants Portal)

Type: Loan
Funding source: Other — The Program was originally funded as a onetime appropriation in the early 2000’s. Since then, the fund is dependent on the repayment of loans and interest awarded by the Authority, to replenish the account.
Matching funds: Not Required
Funding method: Advance(s) — The first of two potential loan disbursements, is up to a maximum amount of 40% of loan amount. The subsequent disbursements of the remaining 60% will occur once California Department of Education certifies the applicant’s attendance (P1 Average Daily Attendance Report), typically in mid to late March.
Estimated number of awards: Dependant on number of submissions received, application process, etc.
Award period: Up to a 5 year loan
Expected award announcement: Pending
Letter of intent: Not required
Geography: Please refer to the Program Regulations, Section 10170.20 (d) . Application Review and Evaluation/Underwriting Criteria.
Latest change note: listserve links and contacts updated

Who can apply

Applicant categories as listed on the California Grants Portal. GrantsJunction maps them to detailed applicant types for search and matching.

Nonprofit
Public Agency

Additional information on eligibility (from the listing)

Please refer to the Program Regulations, Section 10170.18. Eligible Applicant.

Can your organization apply?

A quick check against the listed applicant types — other requirements in the notice still apply.

Based on the published notice. Review the official notice for complete eligibility requirements.

What it funds

Purpose and description as published on the California Grants Portal.

Purpose

The Charter School Revolving Loan Fund Program provides low-cost loans of up to $250,000 to charter schools

Description

The Charter School Revolving Loan Fund (CSRFL) Program provides low-cost loans of up to $250,000 to charter schools, with priority given to schools opening in the current fiscal year. The Authority conducts extensive credit evaluations, makes funding recommendations, executes loan agreements, creates payment schedules, disburses funds, offsets loan payments, collects delinquent or defaulted loans, and develops program fund reconciliations and projections. The Authority sends out a Listserve to announce the opening and closing of the application period.

Program page on the agency site ↗

How to apply

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Read the program guidelinesThe agency's solicitation or guidelines set eligibility details, scoring criteria and required documents. Open ↗
Confirm eligibility and fitCheck your organization type and location (see Geography above).
Find out how to submitSee the agency's program page for the application portal or submission address.
Request letters of support and partner commitmentsPartners need time to write and sign letters; ask early.
Finish a full draft of the application and budgetFollow the guidelines' format exactly; state programs often require specific forms and attachments.
Ask the program contact any questions earlycsfa@treasurer.ca.gov Open ↗
Internal review and sign-offLeave time for leadership or board approval and a final proofread.
Submit while funds remainSubmit a few days early and keep your submission confirmation.

Past applications & awards

Historical data · not a prediction

Reported by the agency for this listing

Fiscal year 2025–2629 applications · 2 awards
Fiscal year 2024–257 applications · 3 awards
Fiscal year 2023–246 applications · 5 awards
Fiscal year 2022–237 applications · 5 awards
Fiscal year 2021–225 applications · 0 awards
Fiscal year 2020–2120 applications · 0 awards

Counts as published on the California Grants Portal. Award counts can read zero until decisions are announced.

Awards published: 13
Total awarded: $2,950,000
Median award: $250,000 calculated
Smallest – largest: $100,000 – $250,000

Recipients by type: Nonprofit (13)

Areas served: Statewide (13)

Largest awards to organizations

Vista Lago Global AcademyThe Charter School Revolving Loan Fund Program$250,000 · FY 2024–25
Central Academy of Arts and TechnologyThe Charter School Revolving Loan Fund Program$250,000 · FY 2023–24
Explore AcademyThe Charter School Revolving Loan Fund Program$250,000 · FY 2023–24
Ednovate - College Prep 6The Charter School Revolving Loan Fund Program$250,000 · FY 2023–24
California Republic Leadership Academy Yorba LindaThe Charter School Revolving Loan Fund Program$250,000 · FY 2023–24
Synergy School of the Arts and Technology, Lancaster & PalmdaleThe Charter School Revolving Loan Fund Program$250,000 · FY 2023–24
Explore AcademyThe Charter School Revolving Loan Fund Program$250,000 · FY 2022–23
Allegiance STEAM Academy - Thrive, FontanaThe Charter School Revolving Loan Fund Program$250,000 · FY 2022–23
Shade CanyonThe Charter School Revolving Loan Fund Program$250,000 · FY 2022–23
California Republic Leadership Academy ?" Capistrano (CRLA)The Charter School Revolving Loan Fund Program$250,000 · FY 2022–23

Source: California Grants Portal grant award data. Awards to individuals are counted but not named. Past awards show who was funded; they do not predict future decisions.

Program contact (as published)

csfa@treasurer.ca.gov
1-916-651-7710

Quick answers

Who is eligible to apply for “The Charter School Revolving Loan Fund Program”?

The official listing names these applicant types as eligible: Nonprofit and Public Agency. It adds: “Please refer to the Program Regulations, Section 10170.18. Eligible Applicant.” Additional restrictions may apply; review the full guidelines.

How much funding is available through “The Charter School Revolving Loan Fund Program”?

Per the notice, individual awards are listed as $100k – $250k and total estimated program funding is $25,000,000.

How do I apply for “The Charter School Revolving Loan Fund Program”?

Applications go directly to State Treasurer's Office, not through GrantsJunction. Read the program guidelines on the agency's site first; state programs set their own forms and registration requirements.

Other open California state opportunities, matched on agency, categories and wording.

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