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Non-government schools can apply for low-interest loans to build or upgrade facilities. This includes early learning centres co-located on school sites.
$320 million will be available for loans lasting up to 15 years. Each loan’s first 5-years are interest free.
Loans of between $500,000 and $10 million per school are available.
We will prioritise infrastructure projects that:
- increase the number of students who can enrol in areas where there is demand
- support student retention
- refurbish existing facilities to provide a modern learning experience.
The first round of applications will open 30 November 2020 and close 26 February 2021. We will let schools know whether their application was successful shortly after.
There will be at least 2 funding rounds per year from 2021. We will announce the dates closer to each round.
The scheme is administered by the South Australian Government Financing Authority (SAFA).
Visit the SAFA website to apply and for more information.
South Australian Government Financing Authority
Email: mail.safa [at] sa.gov.au