Texas Higher Education Coordinating Board
College Student Loan Bonds Ser 2016
$132,725,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- December 13, 2016
- Fiscal year issued
- 2017
- Par amount
- $158,065,000
- New money / refunding
- $158,065,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Student loans
- Program
- THECB College Student Loan Bonds
- Sale
- Competitive
- Final maturity
- August 1, 2040
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $132,725,000 | $61,782,350 | $194,507,350 |
| 2025 | Period 1 | $138,365,000 | $65,447,038 | $203,812,038 |
| 2024 | Year end | $138,365,000 | $69,111,725 | $207,476,725 |
| 2024 | Period 1 | $143,710,000 | $72,923,400 | $216,633,400 |
| 2023 | Year end | $143,710,000 | $76,735,075 | $220,445,075 |
| 2023 | Period 1 | $148,775,000 | $80,686,038 | $229,461,038 |
| 2022 | Year end | $148,775,000 | $84,637,000 | $233,412,000 |
| 2022 | Period 1 | $153,555,000 | $88,731,363 | $242,286,363 |
| 2021 | Year end | $153,555,000 | $92,825,725 | $246,380,725 |
| 2021 | Period 1 | $158,065,000 | $97,055,388 | $255,120,388 |
| 2020 | Year end | $158,065,000 | $101,285,050 | $259,350,050 |
| 2020 | Period 1 | $158,065,000 | $105,514,713 | $263,579,713 |
| 2019 | Year end | $158,065,000 | $109,744,375 | $267,809,375 |
| 2019 | Period 1 | $158,065,000 | $113,974,038 | $272,039,038 |
| 2018 | Year end | $158,065,000 | $118,203,700 | $276,268,700 |
| 2018 | Period 1 | $158,065,000 | $122,433,363 | $280,498,363 |
| 2017 | Year end | $158,065,000 | $126,663,025 | $284,728,025 |
| 2017 | Period 1 | $158,065,000 | $132,020,598 | $290,085,598 |
State issues are reported twice each fiscal year. "Year end" is the balance at the end of the fiscal year (reporting period 2), which the totals on this site use; "Period 1" is the earlier report in the same year.
Costs of issuance
Download CSVOne-time costs reported: $1,378,153, or $8.72 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $107,225.00 | $0.68 |
| Escrow agent | Wells Fargo Bank | One time | $1,000.00 | $0.01 |
| Financial advisor | First Southwest Co LLC | One time | $79,033.00 | $0.50 |
| Paying agent and registrar | Wells Fargo Bank | One time | $1,000.00 | $0.01 |
| Rating agency | Moodys | One time | $33,250.00 | $0.21 |
| Rating agency | S&P | One time | $20,000.00 | $0.13 |
| Underwriter's spread: takedown | Not reported | One time | $1,136,645.00 | $7.19 |
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.