Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
THECB authorizes up to $11.5M contract with PHEAA for student loan management software
Summary
The Texas Higher Education Coordinating Board’s Agency Operations Committee approved entering a contract with the Pennsylvania Higher Education Assistance Agency (PHEAA) to provide loan origination and servicing software and related implementation services, not to exceed $11,500,000 and a maximum six‑year term.
The Texas Higher Education Coordinating Board (THECB) Agency Operations Committee voted April 23, 2025, to authorize staff to enter into a contract with the Pennsylvania Higher Education Assistance Agency (PHEAA) to supply student loan management software and implementation services in an amount not to exceed $11,500,000 and for a maximum contract term not to exceed six years.
Caitlin Yost, THECB assistant commissioner for contracts, procurement and grants, told the committee the agency issued a competitive request for offers after its legacy vendor announced it was winding down the product the agency uses. "The agency's current vendor for these services provides us with a legacy software system that the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
