Back to Grants
NJ
New Jersey Educational Facilities Authority Financing
Capital financing for eligible New Jersey educational institutions.
About this program
The New Jersey Educational Facilities Authority provides low-cost financing options for eligible educational institutions undertaking capital projects, equipment purchases, refinancing, or facility improvements. Deadline notes: Financing applications and approvals are handled on a project basis. Notes: Best fit for eligible nonprofit or institutional education providers, not ordinary tutoring businesses.
Eligibility
Eligible New Jersey public and private nonprofit higher education institutions and other qualifying educational borrowers under NJEFA rules.
Requirements
- Submit financing request with borrower financials, project scope, board approvals, legal documents, repayment plan, and authority-required due diligence.