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State issuer

Texas Higher Education Coordinating Board

$1,394,475,000 of principal outstanding on 16 issues at the end of fiscal year 2025.

Fiscal year 2025 at a glance

Principal outstanding
$1.39 billion
Fiscal year 2025

$1,394,475,000

Interest still to be paid
$581.4 million
Fiscal year 2025

$581,445,451

Total debt service outstanding
$1.98 billion
Fiscal year 2025

$1,975,920,451

Issues outstanding
16
Fiscal year 2025

Debt outstanding by fiscal year

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Principal outstanding at each fiscal year end; the table below gives the figures.FY 2016: $920,595,0002016FY 2017: $1,020,215,0002017FY 2018: $1,115,475,0002018FY 2019: $1,187,945,0002019FY 2020: $1,207,750,0002020FY 2021: $1,272,665,0002021FY 2022: $1,274,285,0002022FY 2023: $1,343,070,0002023FY 2024: $1,379,060,0002024FY 2025: $1,394,475,0002025
Debt outstanding at each fiscal year end
Fiscal yearPrincipalInterestTotal debt serviceIssues
2025$1,394,475,000$581,445,451$1,975,920,45116
2024$1,379,060,000$568,290,193$1,947,350,19315
2023$1,343,070,000$551,718,734$1,894,788,73414
2022$1,274,285,000$518,867,950$1,793,152,95014
2021$1,272,665,000$521,386,281$1,794,051,28115
2020$1,207,750,000$503,981,427$1,711,731,42714
2019$1,187,945,000$530,407,428$1,718,352,42813
2018$1,115,475,000$519,096,289$1,634,571,28913
2017$1,020,215,000$480,353,588$1,500,568,58812
2016$920,595,000$398,627,227$1,319,222,22713

Issues outstanding, fiscal year 2025

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Issues with principal outstanding, largest first
IssueClosedPledgePurposeFinal maturityPrincipalInterest
College Student Loan Bonds Ser 2019Feb 20, 2019Tax-supported (general obligation)Student loansAug 1, 2042$143,890,000$53,387,644
College Student Loan Bonds Ser 2021AJul 13, 2021Tax-supported (general obligation)Student loansAug 1, 2044$142,275,000$57,864,950
College Student Loan Bonds Ser 2017Dec 21, 2017Tax-supported (general obligation)Student loansAug 1, 2041$134,255,000$46,783,750
College Student Loan Bonds Ser 2023AJul 13, 2023Tax-supported (general obligation)Student loansAug 1, 2046$133,515,000$76,270,900
College Student Loan Bonds Ser 2016Dec 13, 2016Tax-supported (general obligation)Student loansAug 1, 2040$132,725,000$61,782,350
College Student Loan Bonds Ser 2024AJul 18, 2024Tax-supported (general obligation)Student loansAug 1, 2047$105,785,000$69,946,719
State of Texas College Student Loan Bonds, Series 2015Dec 15, 2015Tax-supported (general obligation)Student loansAug 1, 2034$102,385,000$22,093,050
College Student Loan Bonds Ser 2025Jun 10, 2025Tax-supported (general obligation)Student loansAug 1, 2048$96,300,000$73,374,375
College Student Loan Bonds Ser 2022Jun 9, 2022Tax-supported (general obligation)Student loansAug 1, 2045$92,315,000$47,528,100
College Student Loan Bonds Ser 2020AJul 2, 2020Tax-supported (general obligation)Student loansAug 1, 2043$82,815,000$26,085,550
College Student Loan Ref Bonds Ser 2021BJul 13, 2021Tax-supported (general obligation)RefundingAug 1, 2036$58,045,000$18,681,450
College Student Loan Ref Bonds Ser 2020BJul 2, 2020Tax-supported (general obligation)RefundingAug 1, 2034$52,610,000$11,059,750
THECB CSL Bonds Series 2013BNot reportedTax-supported (general obligation)Aug 1, 2030$42,025,000$4,670,763
CSL Bonds Ser 2014Dec 18, 2014Tax-supported (general obligation)Student loansAug 1, 2030$33,875,000$4,374,500
College Student Loan Ref Bonds Ser 2019Jun 26, 2019Tax-supported (general obligation)RefundingAug 1, 2033$30,155,000$6,966,350
College Student Loan Ref Bonds Ser 2018Nov 29, 2018Tax-supported (general obligation)RefundingAug 1, 2026$11,505,000$575,250

Earlier issues

Issues last reported before fiscal year 2025: repaid, refunded or matured.

Source: State Issuance Fee By Year (updated by the publisher Aug 27, 2026); Debt Outstanding By Issuance State By Year (updated by the publisher Aug 26, 2026). Loaded here Oct 3, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.