California School Finance Authority

Charter School Revolving Loan Fund Program (CSRLF)

Designed to provide low-interest loans of up to $250,000 to new charter schools.

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If you have any questions about the Charter School Revolving Loan Fund program, please contact CSFA.

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CSRLF Overview

The Charter School Revolving Loan Fund (CSRLF) Program provides low-cost loans of up to $500,000 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. This program, previously administered by the California Department of Education, was transferred to the Authority in 2013-14.

2025-26 Funding Round

The CSRLF Program 2025–26 Funding Round is projected to open on March 30, 2026, with approximately $27 million available for lending. Interested applicants are encouraged to join the Authority’s email listserv to receive important updates, key dates, and webinar information: Sign up.

Below are links to the Program application and the CSRLF Program regulations, which were filed with the Secretary of State on December 29, 2025, and became effective on January 1, 2026.