Below are the templates of the Edge Fund's two types of proposals:
Efficiency loans are given for projects that have clear and timely financial paybacks into the fund. The efficiency loans are not like a standard bank loan, where the borrower pays back with interest; instead, our “loans” are paid back with monetary savings achieved through efficiency improvements.
Sustainability grants do not have any payback requirements. We expect them to be used without recovering any of our investment. Hence, these funds support projects that increase Oberlin's sustainability but don't produce easily quantifiable savings: example sustainability projects include covered bike racks, a student operated garden, and a community renovation program.