Texas Higher Education Coordinating Board
College Student Loan Ref Bonds Ser 2018
$11,505,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- November 29, 2018
- Fiscal year issued
- 2019
- Par amount
- $94,915,000
- New money / refunding
- $0 / $94,915,000
- Pledge
- Tax-supported (general obligation)
- Purpose
- Refunding
- Program
- THECB College Student Loan Bonds
- Sale
- Competitive
- Final maturity
- August 1, 2026
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $11,505,000 | $575,250 | $12,080,250 |
| 2025 | Period 1 | $26,320,000 | $1,233,250 | $27,553,250 |
| 2024 | Year end | $26,320,000 | $1,891,250 | $28,211,250 |
| 2024 | Period 1 | $40,405,000 | $2,901,375 | $43,306,375 |
| 2023 | Year end | $40,405,000 | $3,911,500 | $44,316,500 |
| 2023 | Period 1 | $53,825,000 | $5,257,125 | $59,082,125 |
| 2022 | Year end | $53,825,000 | $6,602,750 | $60,427,750 |
| 2022 | Period 1 | $66,605,000 | $8,267,875 | $74,872,875 |
| 2021 | Year end | $66,605,000 | $9,933,000 | $76,538,000 |
| 2021 | Period 1 | $78,775,000 | $11,841,525 | $90,616,525 |
| 2020 | Year end | $78,775,000 | $13,750,050 | $92,525,050 |
| 2020 | Period 1 | $90,365,000 | $15,890,375 | $106,255,375 |
| 2019 | Year end | $90,365,000 | $18,030,700 | $108,395,700 |
| 2019 | Period 1 | $94,915,000 | $20,239,275 | $115,154,275 |
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: $471,140, or $4.96 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 | $65,598.00 | $0.69 |
| Co bond counsel | Mahomes Bolden & Warren PC | One time | $16,180.00 | $0.17 |
| Co financial advisor | YaCari Consultants LLC | One time | $13,098.00 | $0.14 |
| Escrow agent | Wells Fargo Bank | One time | $2,000.00 | $0.02 |
| Financial advisor | Hilltop Securities Inc | One time | $55,701.00 | $0.59 |
| Paying agent and registrar | Wells Fargo Bank | One time | $1,600.00 | $0.02 |
| Printing | ImageMaster LLC | One time | $2,069.00 | $0.02 |
| Printing | McCall Parkhurst & Horton LLP | One time | $9,500.00 | $0.10 |
| Rating agency | Moodys | One time | $25,000.00 | $0.26 |
| Rating agency | S&P | One time | $30,000.00 | $0.32 |
| Underwriter's spread: takedown | Not reported | One time | $240,894.00 | $2.54 |
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.