California Educational Facilities Authority

About the California Educational Facilities Authority (CEFA)


CEFA administers programs that provide tax-exempt, low-cost financing to private, non-profit higher educational facilities: a Bond Financing Program for construction projects, and a short-term Equipment Financing Program. Previously administered programs include 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.

Also, CEFA administers the College Access Tax Credit Fund.