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School Bond Qualification and Loan Program
The School Bond Qualification and Loan program was established by
the Michigan Constitution of 1963 and amended by Public Act 92 of 2005 to provide a state credit enhancement and loan mechanism for school district bond issues. The bonds must be qualified by the State Treasurer and the bond proceeds must be used for capital expenditure purposes.
School Bond Qualification and Loan Program
Austin Building, 1st Floor
430 W. Allegan
Lansing, MI 48922

Phone: (517) 335-0994
Fax: (517) 241-1233


Qualified Bonds Overview
Click here for: information regarding how Qualified Bonds can provide school districts with access to the State's credit rating, and the ability to borrow for the principal and interest requirements of outstanding qualified bonds.
School Loan Revolving Fund
Click here for: information regarding the loans available for public school districts.
Reports and Elections
Click here for: information on qualification statistics, upcoming elections, election results, and loan balances.
Stay Informed
Click here for: SBQL Listserv subscription information. Keep up to date regarding program changes and deadlines.
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