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 2024, $320 million will be available for low interest loans lasting up to 15 years.

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

Dates for the next application rounds are still to be confirmed.

Apply for a loan

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

Visit school loans on the SAFA website to apply and for more information.