NJEFA

Higher Education Facilities Trust Fund:
(statute)

Outstanding Debt

In 1995, the Authority issued $220 million principal amount of Higher Education Facilities Trust Fund Bonds to finance project costs related to academic, research and communication facilities improvements.

*Refunding only. No new allocations.

Issue	Maturity	Interest Rate	Principal	Outstanding as of 03/31/08
1995 A	09/01/2010	5.125%	$220,000,000	$0
2005 A*	09/01/2010	4.0%-5.0%	$90,980,000	$58,435,000
			Total	$$58,435,000

Original Grant Amounts
Series 1995 A
Institution	Allocation
State Institutions
Rutgers, The State University	$38,880,000
University of Medicine & Dentistry of New Jersey	$20,160,000
New Jersey Institute of Technology	$12,960,000
Jersey City State College	$4,750,000
Kean University	$6,620,000
Montclair State University	$7,620,000
Ramapo College of New Jersey	$3,600,000
Rowan University	$6,620,000
Richard Stockton College of New Jersey	$5,550,000
The College of New Jersey	$6,620,000
William Paterson University of New Jersey	$6,620,000

Community Colleges
Atlantic Cape Community College	$2,223,000
Bergen County Community College	$3,506,000
Brookdale County Community College	$2,651,000
Burlington County Community College	$3,506,000
Camden County Community College	$3,506,000
Cumberland County Community College	$1,354,000
Essex County Community College	$2,922,000
Gloucester County Community College	$1,128,000
Hudson County Community College	$3,506,000
Mercer County Community College	$1,753,000
Middlesex County Community College	$2,922,000
County College of Morris	$1,022,000
Ocean County Community College	$3,506,000
Passaic County Community College	$1,432,000
Raritan Valley Community College	$3,506,000
Salem County Community College	$1,013,000
Sussex County Community College	$2,630,000
Union County Community College	$1,309,000
Warren County Community College	$605,000

Independent Institutions
Bloomfield College	$1,244,443
Caldwell College	$777,778
Centenary College	$1,037,037
College of Saint Elizabeth	$1,037,037
Drew University	$1,555,556
Fairleigh Dickinson University	$2,385,185
Felician College	$777,778
Georgian Court College	$777,778
Monmouth University	$1,814,815
Princeton University	$2,074,074
Rider University	$2,074,074
Saint Peter's College	$1,555,556
Seton Hall University	$2,074,074
Stevens Institute of Technology	$1,814,815

Other
SouthJersey/Economic Development	$15,000,000
Newark Law School	$20,000,000