NRW.BANK.Modern School
The NRW.BANK.Modern School program offers low-interest loans for municipal school authorities and school associations in North Rhine-Westphalia. It supports investments in the construction and modernization of schools and adult education centers to make the educational infrastructure future-proof. The program is characterized by its flexibility in financing participation and long-term maturities.
Who is funded
The NRW.BANK.Modern School program is specifically aimed at municipal school authorities and school associations in North Rhine-Westphalia to support investments in the construction and modernization of schools and adult education centers. The overarching goal is to improve and future-proof the educational infrastructure in the state.
What is funded
The NRW.BANK.Modern School funding program enables the financing of investments in the school sector, with certain costs being eligible and others excluded. It supports projects focused on the construction, modernization, and equipment of schools and adult education centers.
Type and Scope of Funding
The NRW.BANK.Modern School program offers low-interest loans with varying financing shares depending on the loan amount. Maturities are long-term and include grace periods for repayment.
Conditions and Requirements
Specific conditions apply to the application and implementation of the NRW.BANK.Modern School funding program, including formal requirements for municipal loans, consideration of ESG criteria, and European aid regulations.
Application Procedure
The application procedure for the NRW.BANK.Modern School program takes place directly via NRW.BANK, optionally digitally. It involves a detailed review and a step-by-step approval process up to the disbursement of the loan.
Legal Basis
The NRW.BANK.Modern School funding program is based on a specific leaflet and is subject to various legal frameworks, including European regulations and NRW.BANK's ESG requirements.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
150.000.000 €
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
North Rhine-Westphalia (Germany)
Sectors:
Education and Vocational Training, Construction and Building Materials
Beneficiaries:
Education Infrastructure
Application Type:
Single Applicant
Funding Stages:
Infrastructure, Implementation, Planning
Funding Provider
Program Level:
Regional
Funding Body:
NRW.BANK, KfW Bankengruppe
Managed By:
NRW.BANK
Additional Partners:
KfW Bankengruppe
Website: