Education Finance

Rice Financial is a major participant in the education market.  We are the only minority-owned firm in the country with a full staff of education professionals–
six full-time officers who specialize in education, all of whom are men and women of color.

Community College Districts

Over the past five years, Rice Financial has provided bond underwriting services on more than 25 transactions for higher education issuers totaling $5.57 billion.  Notably, a large percentage of these transactions were for community college districts. Rice Financial has served the following community colleges on a wide range of transactions, as a senior manager, as a direct lender and as a co-manager in large, two-handed transactions.

  • Chabot-Las Positas Community College District (CA)
  • City Colleges of Chicago (IL)
  • Gavilan Joint Community College District (CA)
  • Houston Community College (TX)
  • Kern Community College District (CA)
  • Lawson State Community College (AL)
  • State Center Community College District (CA)
  • Sullivan County Community College (NY)
  • West Hills Community College District (CA)


Rice Financial has provided underwriting or financial advisory services on more than 90 school district financings totaling $10.6 billion over the past five years.  K-12 issuers we have served as senior manager, co-manager or financial advisor in recent years include the following:

  • Alabama Public School & College Authority
  • Bellevue School District 405 (WA)
  • Broward County School Board (FL)
  • Chicago Public Schools (IL)
  • Clark County School District (NV)
  • Fairfield County School District (SC)
  • Florence Co School District 1 (SC)
  • Florida State Board of Education
  • Friendship Public Charter School (DC)
  • Hampton Bay Union Free School District (NY)
  • Herricks Union Free School District (NY)
  • Horry County School District (SC)
  • Houston Independent School District (TX)
  • Islip Union Free School District (NY)
  • Jackson Public Schools (MS)
  • Klein Independent School District (TX)
  • Los Angeles Unified School District (CA)
  • Miami-Dade County Schools (FL)
  • New Trier Township High School District 203 (IL)
  • North Thurston Public School District (WA)
  • NYS Dormitory Authority (NY)
  • Ossining Union Free School District (NY)
  • Richland County School District 1 (SC)
  • Sequoia Union High School District (CA)
  • Spring Independent School District (TX)
  • Stafford Municipal School District (TX)
  • Toledo City School District (OH)
  • Town of Georgetown (MA)
  • Virginia Public School Authority
  • Wake County (NC)
  • Wasatch County School District (UT)
  • Wayzata Independent School District 284 (MN)


Rice Financial is also proud to serve the U.S. Department of Education as the Designated Bonding Authority for its Historically Black College and University (HBCU) Capital Financing Program. The subsidiary Rice created to act in this role, Rice Capital Access Program, has closed more than 50 loans for both public and private HBCU institutions since 2009 totaling over $2 billion, helping HBCUs refinance outstanding debt and secure needed funding for new projects at very competitive rates.


Will Fisher
Managing Director
(404) 736-3628