Financing a charter school facility is challenging enough. Refinancing a charter school facility is often a larger project and has more consequences because long term debt can last for 30 years or more. The stakes can be significant when locking into long term financing. A favorable refinancing can allow a school to save money and redirect valuable resources to teaching and learning for the next 30 years.
Thanks to support from Bluum in Idaho, we prepared this Charter School Facility Refinancing Guide and Toolkit to help schools address the considerations that should be taken into account to ensure refinancing in a timely manner on terms that will best foster a school’s long-term academic and financial success. The Refinancing Guide can be downloaded on this page. The accompanying Excel Toolkit can be accessed here.