Currently, the university is not issuing any new debt. This program is on hold until further notice.
If you have any questions, please contact Carolann Saggese.
Capital construction loans are available to fund capital construction projects and building renovations. The loan can be either permanent financing or bridge financing to cover gifts that have been pledged or not received to date. These loans are identified in Section 7 of a completed Project Request Authorization (PAR).
Application for University Financing (PDF, 97 KB)
| Interest rate | 6.0% for FY 2018 (For budget planning purposes, please use 6% for future years.) |
|---|---|
| Repayment period | Repayment period is based on the life of the asset and the amount of funds borrowed. See the Internal Borrowing Policy. |
| Procedures | Please use the form above. If you have any questions, please contract Carolann Saggese, Director, Debt, (607) 254-1591. Notes:
|
395 Pine Tree Road, Suite 330
Ithaca, NY 14850
| Email: | treasurer@cornell.edu |
| Phone: | (607) 254-1590 |
| Hours: | 8:00 a.m. - 5:00 p.m., Monday - Friday |
