Texas Higher Education Coordinating Board
College Student Loan Bonds Ser 2025
$96,300,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- June 10, 2025
- Fiscal year issued
- 2025
- Par amount
- $96,300,000
- New money / refunding
- $96,300,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Student loans
- Program
- THECB College Student Loan Bonds
- Sale
- Competitive
- Final maturity
- August 1, 2048
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $96,300,000 | $73,374,375 | $169,674,375 |
| 2025 | Period 1 | $96,300,000 | $73,374,375 | $169,674,375 |
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: $596,668, or $6.20 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.10 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $69,546.71 | $0.72 |
| Bond counsel expense | McCall Parkhurst & Horton LLP | One time | $29.06 | $0.00 |
| Financial advisor | Hilltop Securities Inc | One time | $54,853.80 | $0.57 |
| Other costs | Texas Bond Review Board | One time | $500.00 | $0.01 |
| OS preparation | McCall Parkhurst & Horton LLP | One time | $9,500.00 | $0.10 |
| Paying agent and registrar | Computershare Trust Company NA | One time | $2,000.00 | $0.02 |
| Printing | ImageMaster LLC | One time | $2,008.65 | $0.02 |
| Rating agency | Moodys | One time | $31,000.00 | $0.32 |
| Rating agency | S&P | One time | $36,000.00 | $0.37 |
| Underwriter's spread: takedown | Not reported | One time | $381,730.02 | $3.96 |
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.