BCPL State Trust Fund Loan ProgramSchool Trust Loans

100% of earnings from BCPL investment of the Common School Fund are directed to provide the sole state aid for the purchase of public school library media and resources.All interest earned from school trust loans funds public school library materials throughout Wisconsin.

Since 1871, BCPL has loaned more than $3 billion to municipalities and school districts throughout the state for thousands of projects including economic development, local infrastructure, capital equipment and vehicles, and building repairs and improvements.

BCPL offers fixed rate loans with interest rates that are competitive with the bond market and other financial institutions. Our application process is extremely simple and borrowers pay no application fees, prepayment penalties, or any other fees. Over the past 10 years, we have invested more than $1 billion in communities throughout Wisconsin.

Almost all loans made through the State Trust Fund Loan Program are general obligation loans that require the pledge of a tax levy for repayment. Contact Richard Sneider at 608-261-8001 or richard.sneider@wisconsin.gov for additional information on both general obligation and revenue obligation loans..