HESC fosters quality servicing for student loans, encourages and promotes student enrollment at post-secondary level institutions. HESC provides student loans and life of loan servicing and program administration of student loans under agreements with NOTE holders including higher education authorities. HESC is responsible for the reporting, collection and accounting for the loans. HESC also administers educational outreach programs and services in north texas.
Donations are tax-deductible
Category
Other
Employees
71
Volunteers
6
Financial Snapshot
FY ending 2024-08-31
Revenue
$15.7M
Expenses
$11.4M
Assets
$52.2M
Liabilities
$1.6M
Financial history
$15.7M$7.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $15.7M · Avg: $10.6M
501(h) election
This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.