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Curriculum and Instruction

 

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School Technology Revolving Loan Program

The School Technology Revolving Loan Program (STRLP) is a 3 year loan with 2% interest rate. Since the inception of the program in FY99, over $74 million (523 loans) has been loaned to eligible school districts. Loan applications are received from June 1st – December 1st every year. Decisions on loans are not made until December 15th every year.

In FY2008 districts, charter schools, lab schools, and area vocational centers housing K through 8th grades were eligible to apply. In FY2009 the loan will be eligible to districts serving grades 9 through 12. The loan will continue to cycle in that manner. Loan payments are due on June 1st and December 1st of each year. Loans receive a 15 day grace period. Any loan payment not received within those 15 days is charged a 5% penalty.

FY 09 School Technology Revolving Loan Application for Grades 9 - 12

FY09 Expenditure Report PDF Document

FY 2008 Loan Recipients PDF Document – All recipients of 2008 loan received the amount requested on their application. These amounts will be posted in the Financial Reimbursement Information System (FRIS Inquiry) in January or February 2008.

STRLP Frequently Asked Questions PDF Document

Legislation PDF Document

School Code Information PDF Document

Rules PDF Document

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Agency General Information
100 N. 1st Street • Springfield, IL 62777 • 866/262-6663 • 217/782-4321 • Directions PDF File
100 W. Randolph, Suite 14-300 • Chicago, IL 60601 • 312/814-2220 • Directions PDF File