1. (a) The Application will be made available for Fall and Spring funding on the Authority's website, based on available funding. The expected levels of available funding will be made available on the Authority's website each January and June.
2. (b) Applications for Fall semester funding will be available from March through May and Applications for Spring semester funding will be available from August through October.
3. (c) Based on availability of funding, Applications will be accepted during an application period with priority given based on date of submission and criteria set forth at Section 10170.20. Applicants shall submit an Application and all supporting documents via the online Application system.

4. (d) Each completed Application shall include the following documents (in addition to supporting documents required for the Application, CSFA RLF-01; revised August 10, 2016):

   1. (1) Articles of Incorporation for the Applicant or operational agreement or Memorandum of Understanding between the Charter School and the Chartering Authority;
   2. (2) Nonprofit Entity verification as described in Section 10170.17(o);
   3. (3) Description of the intended use of an award of loan funds;
   4. (4) Copy of current charter petition and evidence supporting charter approval and term;
   5. (5) Audited financial statements of the Applicant, if available;
   6. (6) An adopted budget, if available, for the first fiscal year for which the Applicant is applying;
   7. (7) Multi-year budget projections for at least the five fiscal years beyond the first fiscal year for which the Applicant is applying, including written budget assumptions;
   8. (8) Applicant's most recent business plan and/or strategic plan for at least the next five academic years;
   9. (9) List of the Charter School's board of directors including their occupations, cities of residence, and terms of office;
   10. (10) Resumes of key staff members (e.g., Chief Executive Officer, President, Operations Manager, Chief Financial Officer, Principal, etc.) of the Applicant and the Charter School, as applicable;
   11. (11) The Charter School's historical, current, and projected enrollment and attendance, by grade level, for the next five years;
   12. (12) The Charter School's targeted student population and demographics;
   13. (13) A listing of historical, current, and anticipated future funding of Charter School operations through private contributions;
   14. (14) List the total amounts, annual amounts, interest rates, and maturity dates of all existing and anticipated short- and long-term debt obligations of the Applicant;
   15. (15) List and copy of all material contracts, including, but not limited to, management, support services, transportation contracts, and any such anticipated contracts involving use of space or equipment; and
   16. (16) For Applicants applying as a Disaster Affected Charter School, a description of the related disaster or extreme peril including but not limited to the initial date of the related disaster or extreme peril, the range of dates wherein the related disaster directly affected operations, and the detailed summary of how the Charter School was damaged, destroyed or closed.
5. (e) An Affiliated Entity or Applicant operating more than one Charter School, as identified by separate CDS Codes, must submit a separate Application for each Charter School with a separate CDS Code for which a loan award is sought.
6. (f) Starting with the 2026-27 Fall Semester funding applications, applicants shall be required to pay an application filing fee of $500 with each submission. This fee shall be paid by check to the Authority at the address provided in the Application. This fee is not refundable.

Note: Authority cited: Section 41365, Education Code. Reference: Sections 41365 and 41366.5, Education Code.

History

1. New section filed 2-3-2014 as an emergency; operative 2-3-2014 (Register 2014, No. 6). A Certificate of Compliance must be transmitted to OAL by 8-4-2014 or emergency language will be repealed by operation of law on the following day.

2. New section refiled 8-4-2014 as an emergency; operative 8-4-2014 (Register 2014, No. 32). A Certificate of Compliance must be transmitted to OAL by 11-3-2014 or emergency language will be repealed by operation of law on the following day.

3. New section refiled 10-27-2014 as an emergency; operative 11-3-2014 (Register 2014, No. 44). A Certificate of Compliance must be transmitted to OAL by 2-2-2015 or emergency language will be repealed by operation of law on the following day.

4. Certificate of Compliance as to 10-27-2014 order, including amendment of subsection (a), transmitted to OAL 1-29-2015 and filed 3-10-2015; amendments effective 3-10-2015 pursuant to Government Code section 11343.4(b)(3) (Register 2015, No. 11).

5. Amendment filed 12-1-2016; operative 12-1-2016 pursuant to Government Code section 11343.4(b)(3) (Register 2016, No. 49).

6. Amendment filed 4-20-2020 as an emergency; operative 4-20-2020 (Register 2020, No. 17). A Certificate of Compliance must be transmitted to OAL by 10-19-2020 or emergency language will be repealed by operation of law on the following day.

7. Emergency filed 4-20-2020 extended 60 days (Executive Order N-40-20) (Register 2020, No. 22). A Certificate of Compliance must be transmitted to OAL by 12-18-2020 or emergency language will be repealed by operation of law on the following day.

8. Certificate of Compliance as to 4-20-2020 order transmitted to OAL 11-16-2020 and filed 12-30-2020 (Register 2021, No. 1).

9. Editorial correction restoring inadvertently omitted subsection (c)(12) (Register 2022, No. 18).

10. Amendment filed 12-29-2025 as a deemed emergency pursuant to Education Code section 41365(h); operative 1-1-2026 (Register 2026, No. 1). A Certificate of Compliance must be transmitted to OAL by 6-30-2026 or emergency language will be repealed by operation of law on the following day.

11. New subsection (f) filed 4-15-2026 as a deemed emergency pursuant to Education Code section 41365(h); operative 4-15-2026 (Register 2026, No. 16). A Certificate of Compliance must be transmitted to OAL by 10-12-2026 or emergency language will be repealed by operation of law on the following day.

12. New subsection (f) refiled 6-19-2026 as a deemed emergency pursuant to Education Code section 41365(h); operative 7-1-2026 (Register 2026, No. 25). A Certificate of Compliance must be transmitted to OAL by 9-29-2026 or emergency language will be repealed by operation of law on the following day.