SCJEDA

Success Stories

Charleston Collegiate School

success charleston collegiate

Project Size:

$1.75 million

Jobs Created/Retained

Retains 36 existing jobs.

Bond Type

SC JEDA Economic Development Industrial Revenue Bond

Charleston Collegiate School is the only co- educational, non-sectarian, pre-school through 12th grade institution in the Charleston region and has a minority enrollment of nearly 25 percent. Its service area also is diverse, as it attracts students from far- reaching areas such as Daniel Island, Mount Pleasant, Sullivan’s Island, the Isle of Palms and Summerville.

The 41-year-old private, non-profit school will use the $1.75 million tax-exempt bond issue to refinance existing taxable debt incurred to finance expansion and improvements at its campus, which is located on Johns Island.

The bond issuance helps maintain the employment of 36 existing staff members.