eLearning
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 
FY
2008 Loan Recipients – 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
Legislation
School
Code Information
Rules
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