SCJEDA

Success Stories

Coker College

success coker

Project Size:

$6.7 million

Jobs Created/Retained

Retains 180 full-time jobs and 120 staff positions.

Bond Type

SC JEDA Economic Development Industrial Revenue Bond

Ranked in U.S. News & World Report for 16 consecutive years as one of the best baccalaureate colleges in the country, Coker College is using proceeds from a JEDA $6.7 million tax-exempt bond issue to refund a 2008 Variable Rate Educational Facilities Authority Revenue Bond that had paid for several improvements.

The four-year liberal arts institution’s projects include expanding and renovating Belk Residence Hall, converting Coker Hall into a residential facility to accommodate enrollment growth, outfitting and equipping the campus library, and other improvements to academic and administrative facilities.

The new bond issue helps maintain the jobs of 180 full-time employees and another 120 staff, including adjunct faculty and student workers at this 1,100 student campus in Hartsville, SC.