Illinois Finance Authority

Education

"Investing in our children is an investment in our future. Because we help schools provide educational opportunity at a lower cost, we provide benefit to all of Illinois."

From pre-school to post-grad, IFA can help schools succeed by offering lower cost borrowing options for new facilities, renovations and expansions, and to help school districts better manage cash flows and reduce operating costs.

An experienced staff and low interest financing means added value to your agency and savings you can direct to educational goals.

• Learn more about short and long-term borrowing options

Latest News

Private Colleges & Universities are saving BIG with this unique short-term borrowing program!
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Program Question & Answer
Program Overview

Events:

IFA's Townsend Albright led a session on financing green buildings at the Sustainable University Symposium. Click below to learn more...

School Districts:

New High School Coming to Waterloo
A $35,000,000 bond issued through the IFA is allowing for educational expansion in Waterloo.
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Jump in our Pool
By "pooling" borrowing needs of school districts, a lower cost of issuance per participant and a lower rate of interest can be achieved.
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Pooled TAWs program for short-term cash flow needs

Pooled bond program for longer-term financing

Innovative program helps charter schools grow...
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Recent Financings

• DePaul University, Chicago - $104.56 million, refunding

• Batavia Unit SD #101 - $8.29 million, tax anticipation warrant program

• Beach Park Community Consolidated SD #3, $500,000 tax anticipation warrant program

• Grand Ridge Community Consolidated SD #95 #95 - $365,000 tax anticipation warrant program

• Nippersink SD #2, Richmond - $2 million, tax anticipation warrant program

• Illinois College, Jacksonville - $15 million, to refund debt

• Robert Morris College, Chicago, Orland Park, Peoria, and Springfield - $11.6 million, to expand campus facilities

• Rogers Park Montessori School, Chicago - $11.7 million, to build a new school

• Loyola University, Chicago - $58.8 million, for a new life sciences building

• Sauk Valley Community College - $7.1 million, for student housing

Find out how IFA can help with your next education facility financing project. Contact a Funding Manager in your region.


	Overview

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Investing Bond Proceeds

IFA partners with PFM to offer this comprehensive investment management and arbitrage rebate compliance program
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