New Jersey Educational Facilities Authority

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New Jersey Educational Facilities Authority

Post-Issuance Services

Going Above and Beyond for Our Clients

NJEFA provides colleges and universities with transaction-related services from concept through closing to final maturity.

Post-Issuance Services

Requisition processing for bond and grant fund payment to institutions for project costs

Arbitrage rebate compliance services

Investment management of college and university bond and grant funds

IRS audit support on bond transactions

Management of post-issuance matters such as project scope amendments and IRS code compliance for tax-exempt bonds


Over 50 years with no defaults

$18.2 billion issued since inception

$329 million in NPV savings since 2015

NJEFA Finance and Compliance Director’s

Headshot of Brian Sootkoos

Brian Sootkoos, CPA
Director of Finance / Controller
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Headshot of Ellen Yang

Ellen Yang, Esq.
Director of Compliance Management
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