CEFA Bond Financing Program
State Treasurer's Office
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- Posted
- Oct 23, 2025
- Amount
- $5,000,000,000
- Closes
- Rolling intake; check eligibility
At a glance
This funding opportunity is offered by State Treasurer's Office. Awards are up to $5,000,000,000. Applications are accepted on a rolling basis. Eligibility is limited to organizations in CA.
Amount
$5,000,000,000
Who can apply
Nonprofits can apply here. Check the eligibility details below to see if your organization fits.
Be accredited by the Western Association of Schools and Colleges (WASC); be a private, non-profit, post-secondary degree-granting institution located in or with accredited facilities in California; offer a broad range of secular subjects; have been operating and can provide audited financial for three years; and have sufficient revenue or collateral to cover debt service.
About this opportunity
Eligibility General Requirements -Be regionally accredited by the Western Association of Schools and Colleges; -Be a private, non-profit, post-secondary degree granting educational institution that does not factor race or ethnicity into their admissions process, and is located in California or that has educational facilities in California that are regionally accredited; -Offer a broad curriculum in secular subjects, and the information and coursework used to teach secular subjects must be neutral with respect to religion; -Have been operating for a minimum of three years prior to submitting an application for financing and provide three years of audited financial statements; -Have revenue or collateral sufficient to cover debt service on the proposed financing. Use of Funds Funds may be us...