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Texas Higher Education Coordinating Board

College Student Loan Bonds Ser 2024A

$105,785,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
July 18, 2024
Fiscal year issued
2024
Par amount
$105,785,000
New money / refunding
$105,785,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Student loans
Program
THECB College Student Loan Bonds
Sale
Competitive
Final maturity
August 1, 2047

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPeriodPrincipalInterestTotal debt service
2025Year end$105,785,000$69,946,719$175,731,719
2025Period 1$105,785,000$72,476,485$178,261,485
2024Year end$105,785,000$75,188,956$180,973,956

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

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One-time costs reported: $567,486, or $5.36 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$9,500.00$0.09
Bond application reportTexas Bond Review BoardOne time$500.00$0.00
Bond counselMcCall Parkhurst & Horton LLPOne time$72,906.00$0.69
Financial advisorGrant Street GroupOne time$5,000.00$0.05
Financial advisorHilltop Securities IncOne time$61,557.00$0.58
Other costsNot reportedOne time$23.00$0.00
OS preparationMcCall Parkhurst & Horton LLPOne time$9,500.00$0.09
Paying agent and registrarComputershare Trust Company NAOne time$2,000.00$0.02
PrintingImageMaster LLCOne time$2,242.00$0.02
Rating agencyMoodysOne time$35,000.00$0.33
Rating agencyS&POne time$36,000.00$0.34
Underwriter's spread: takedownNot reportedOne time$333,258.00$3.15

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.