Non-government schools can apply for low-interest loans to build or upgrade facilities. This includes early learning centres co-located on school sites.

Between 2020 and 2023, $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.

Criteria

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.

Key dates

The second round of applications will open on 16 September 2021, and close on 7 November 2021.

There will be at least 2 funding rounds per year from 2021. We will announce the dates closer to each round.

Apply for a loan

The scheme is administered by the South Australian Government Financing Authority (SAFA).

Visit SAFA to apply and for more information.