Student Loan Program
Student Loan Program Description
Student Loan Bonds are tax-exempt private activity bonds
issued by authorized agencies for the purpose of either
financing direct loans to college students and their parents
or purchasing bundles of already-originated loans on the
secondary market. When used for direct lending programs,
tax-exempt bond allocation allows lenders to pass on interest
rate savings to needy students via below market interest rate
loans. Needy students are borrowers for whom the cost to
attend college exceeds their ability to pay, as determined by
their school's financial aid office. Currently, three agencies
are authorized to issue tax-exempt bonds for student loan
programs in California: ALL Student Loan Corporation, Educational Funding Services, Inc. and the California Educational Facilities
Authority.
- Student Loan Programs Application
- Performance Deposit Certification Form
- Annual Applicant Public Benefits and Ongoing Compliance Self-Certification Form
- Report of Action Taken Form for Bond Issues
- Applications Q&A

