NJEFA

County College Capital Projects Fund:
(statute)

Outstanding Debt

In 1999, the Authority issued approximately $43 million in bonds to provide both grant and loan assistance to five county colleges for their respective capital facilities projects.

Issue	Maturity	Interest Rate	Principal	Outstanding as of 03/31/08
1999 A	09/01/2014	4.3%-5.3%	$19,295,000	$2,610,000
		Total	$19,295,000	$2,610,000

Original Grant Amount
Institution		Amount
Atlantic Cape Community College		$3,000,000
Essex County Community College		$2,500,000
Hudson County Community College		$7,500,000
Middlesex County Community College		$4,320,000
Passaic County Community College		$1,975,000