California Educational Facilities Authority
About CEFA
Programs
CEFA administers several programs that provide tax-exempt, low-cost financing to private, non-profit higher educational facilities; a Bond Financing Program for construction projects, a short-term Equipment Financing Program, an Academic Assistance Grant Program and a Student Loan Program.
Additionally, CEFA manages the California Student Loan Authority, which has the authority to issue tax-exempt bonds to fund student loans and to purchase federally reinsured student loans from eligible lending institutions.
Fast Facts
Bond Financing Program
2007
Bonds Issued, to date
$832,334,966
Facilities Financed
13 Colleges & Universities
Total Bonds Issued, lifetime
$7,773,153,538
Total Facilities Financed
57 Colleges & Universities
Academic Assistance Grant Program
Total Awarded, lifetime
$2,000,000
Total Grant Recipients
9 Colleges & Universities
Student Loan Program
Total Bonds Issued, lifetime
$265,372,500