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Washington Higher Education Facilities Authority

Washington Higher Education Facilities Authority

Supporting the financing needs of Washington's nonprofit, independent colleges and universities through tax-exempt bonds.

Cornish College of the Arts

Cornish College of the Arts

1000 Lenora Street, Seattle, WA  98121  

www.cornish.edu

Founded in 1914 by Nellie Cornish, Seattle’s Cornish College of the Arts is the only private, accredited college in the region offering baccalaureate degrees in visual and performing arts. Cornish inspires the highest standards of artistic and academic excellence with a Bachelor of Fine Arts in art, dance, design, theater and performance production and a Bachelor of Music. Students at Cornish are engaged in a dialogue of learning that is diverse in philosophy, filled with passion and professionalism, and focused on the expression of the individual.  A rigorous education takes place in an atmosphere that encourages experimentation even as it provides students with the fundamental technical skills that form the base from which work of excellence can emerge.  Cornish College is accredited by the Commission on Colleges of the Northwest Association of Schools and Colleges and the National Association of Schools of Art and Design.

Located in downtown Seattle, Cornish College of the Arts is a focal point in the community for artists, educators and others with a passion for the arts. Our students, faculty, and alumni are professional artists who make art in and for our community – visual artists, set and lighting designers, dancers, musicians, composers, actors, and directors. Many have established careers of national and international renown, serving with distinction in Seattle’s professional arts organizations, nonprofit cultural institutions, community service agencies, and schools and colleges. 

In September 2003, Cornish College of the Arts opened the doors to its new downtown campus, located in Seattle’s Denny Triangle neighborhood. The relocation and expansion marks a first major step towards establishing an expansive, consolidated campus.  The College financed the purchase and renovation of its new space through an Authority financing in the amount of $20,785,000.  This variable rate transaction was backed with a letter of credit by Bank of America.  The interest rate is reset weekly and fluctuates with market conditions.  To reduce interest rate risk, the College also entered into an interest rate exchange agreement to fix the cost of a portion of the bonds.


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