California Educational Facilities Authority (CEFA)
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 as of December 31, 2011
Bond Financing Program
2011
Bonds Issued
$257,370,000
Facilities Financed
8
Total Bonds Issued
$10,235,623,538
Total Facilities Financed
59 Colleges & Universities
Student Loan Program
Total Bonds Issued
$265,372,500
