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EFF Provides $25.6M Long-Term, Low-Cost Loan to NYOS: Saves School Over $9M to Put Back Into High-quality Classrooms

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May 28, 2020


EFF is proud to announce the closing of a $25.6 million loan to Not Your Ordinary School (NYOS) in Austin, TX. This 30-year, fixed-rate loan will **finance the construction of a state-of-the-art facility **that will catalyze NYOS's growth and provide a high-quality education option for more Austin families. The loan will save the school approximately $9 million, providing additional resources to support students, teachers, and leaders. We are grateful for our exceptional funders, investors, and the entire NYOS community for making this high-impact partnership possible.

Founded in 1998, NYOS serves 1,063 students in grades PK-12 and will nearly double in size over the coming years. The school’s culture, commitment to families, and diverse-by-design model have contributed to a reputation as one of Texas’s best public charter schools. NYOS consistently outperforms the state and its sending district on Math, ELA and SAT/ACT tests and has earned distinction as one of the nation's best high schools from US News and World Report. You can read more on EFF's partnership with NYOS here.

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