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California Educational Facilities Authority  (CEFA)

Financing Programs Fee Schedule

Bond Financing Program
Application Fee$1,000 non-refundable fee submitted with the application and will be applied towards the Initial Fee at closing.
Initial Fee0.15% of the par amount up to $10mm, plus 0.05% of the par amount in excess of $10mm (maximum fee of $75,000)
Annual Administrative Fee0.015% of the par amount outstanding (maximum fee of $12,000).
Commercial Paper Program
Application Fee$1,000 non-refundable fee submitted with the application and will be applied towards the Initial Fee at closing.
Initial Fee0.15% of the par amount up to $10mm, plus 0.05% of the par amount in excess of $10mm (maximum fee of $75,000)
Annual Administrative Fee$1,000