VA Loan Program

Alternative Fuel School Bus Loan Program

Administered by Virginia Board of Education

AI summary · 7/12/2026

Not applicable — this program is for school districts and educational institutions, not individual homeowners.

School bus fleet operators and districts can finance electric bus conversions and charging infrastructure through loans authorized under Virginia Code 22.1-146, though specific loan terms, application procedures, and eligibility requirements are not detailed in available sources.

The Virginia Board of Education administers loans from the Literary Fund to support school bus alternative-fuel conversions and fueling infrastructure construction. The program targets public school districts and serves the transportation sector. Specific loan amounts, interest rates, terms, and application deadlines are not documented in the DSIRE record provided.

Program details

Program ID
22252
Last updated
7/30/2025

Eligibility

Sectors
schools
Technologies
electric school buses level-2 electric vehicle service equipment direct current fast charging equipment

Program summary

Virginia Code 22.1-146 authorizes the Virginia Board of Education to make loans from the Literary Fund. These loans are available for a variety of purposes, including equipping school buses for conversions to alternative fuel and for construction of school bus fueling facilities that supply alternative fuels.

Contact & resources

Please verify current program details with the administering agency before making any financial decisions.

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