Texas Higher Education Coordinating Board
College Student Loan Ref Bonds Ser 2020B
$52,610,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- July 2, 2020
- Fiscal year issued
- 2020
- Par amount
- $73,340,000
- New money / refunding
- $0 / $73,340,000
- Pledge
- Tax-supported (general obligation)
- Purpose
- Refunding
- Program
- THECB College Student Loan Bonds
- Sale
- Competitive
- Final maturity
- August 1, 2034
Debt outstanding by fiscal year
Download CSV| Fiscal year | Period | Principal | Interest | Total debt service |
|---|---|---|---|---|
| 2025 | Year end | $52,610,000 | $11,059,750 | $63,669,750 |
| 2025 | Period 1 | $57,220,000 | $12,156,875 | $69,376,875 |
| 2024 | Year end | $57,220,000 | $13,254,000 | $70,474,000 |
| 2024 | Period 1 | $61,615,000 | $14,417,050 | $76,032,050 |
| 2023 | Year end | $61,615,000 | $15,580,100 | $77,195,100 |
| 2023 | Period 1 | $65,800,000 | $16,805,925 | $82,605,925 |
| 2022 | Year end | $65,800,000 | $18,031,750 | $83,831,750 |
| 2022 | Period 1 | $69,785,000 | $19,337,275 | $89,122,275 |
| 2021 | Year end | $69,785,000 | $20,642,800 | $90,427,800 |
| 2021 | Period 1 | $73,340,000 | $21,983,875 | $95,323,875 |
| 2020 | Year end | $73,340,000 | $23,541,012 | $96,881,012 |
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: $568,655, or $7.75 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 | $0.13 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $51,591.00 | $0.70 |
| Escrow agent | Wells Fargo Bank | One time | $2,500.00 | $0.03 |
| Financial advisor | Hilltop Securities Inc | One time | $50,605.00 | $0.69 |
| Paying agent and registrar | Wells Fargo Bank | One time | $2,000.00 | $0.03 |
| Printing | ImageMaster LLC | One time | $972.00 | $0.01 |
| Printing | McCall Parkhurst & Horton LLP | One time | $4,295.00 | $0.06 |
| Private activity | Texas Bond Review Board | One time | $16,750.00 | $0.23 |
| Rating agency | Moodys | One time | $15,824.00 | $0.22 |
| Rating agency | S&P | One time | $14,695.00 | $0.20 |
| Underwriter's spread: takedown | Not reported | One time | $399,923.00 | $5.45 |
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.