House of Assembly: Tuesday, September 06, 2022

Contents

Non-Government School Loans

In reply to the Hon. J.A.W. GARDNER (Morialta—Deputy Leader of the Opposition) ((17 June 2022).). (Estimates Committee B)

The Hon. S.C. MULLIGHAN (Lee—Treasurer): I have been advised:

As at 26 July 2022, the following 22 non-government schools have had applications approved under the current Non-Government School Loans Scheme, amounting to a total of $120.83 million:

School Amount Maturity Date of Loan(1)
Seaview Christian College – Round 1 $1,400,000 15 years from first drawdown
Blakes Crossing Christian College – Round 1 $7,500,000 15 years from first drawdown
Concordia College Inc. – Round 1 $10,000,000 9 March 2037
IQRA College – Round 1 $500,000 5 years from first drawdown
King's Baptist Grammar School – Round 1 $10,000,000 15 years from first drawdown
Maitland Lutheran School Inc. – Round 1 $2,800,000 9 March 2037
Pinnacle College Golden Grove (Multi Cultural Youth Educations Support Services Ltd) – Round 1 $4,950,000 15 years from first drawdown
St Dominic's Priory College Ltd – Round 1 $6,000,000 4 July 2032
St Paul's College – Round 1 $10,000,000 10 years from first drawdown
Sunrise Christian School Whyalla Inc. – Round 1 $2,200,000 15 years from first drawdown
Woodcroft College Inc. – Round 1 $10,000,000 15 years from first drawdown
Loxton Lutheran School – Round 1 $1,400,000 Withdrawn by school following approval
Ngutu College – Round 1 $1,500,000 Withdrawn by school following approval
Sunrise Christian School (Naracoorte & Morphett Vale) – Round 1 $5,900,000 Withdrawn by school following approval
Annesley Junior College Inc. – Round 2 $6,570,300 15 years from first drawdown
Emmaus Christian College Inc. – Round 2 $9,069,143 15 years from first drawdown
Horizon Christian School – Round 2 $700,000 5 years from first drawdown
Playford College Ltd – Round 2 $4,000,000 15 years from first drawdown
St Columba College Munno Para Inc. – Round 2 $10,000,000 15 years from first drawdown
St John's Grammar School Inc. – Round 2 $10,000,000 15 years from first drawdown
St Peter's Woodlands Grammar School Inc. – Round 2 $3,900,000 15 years from first drawdown
Temple Christian College Inc. – Round 2 $2,440,000 5 years from first drawdown


1 Where a maturity date for the loan is not specified, the loan has not yet been drawdown.