Higher Education Servicing Corporation

Fiscal year ending 2024. Filed on January 24, 2025.

4381 W Green Oaks Blvd 200
Arlington, Texas 76016

Higher Education Servicing Corporation (EIN: 75-1661098) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Higher Education Servicing Corporation, a 501(c)(3) charitable organization, reported compensation for 9 out of 71 total employees. Among the employees shown here, the average compensation is $196,401. The highest compensated employee at Higher Education Servicing Corporation is Phillip Wambsganss with fiscal year 2024 compensation of $340,268.

Revenue, expenses, and employee compensation

Revenue

$15,734,397

Expenses

$11,430,757

Employee compensation

$7,155,535
Revenue, expenses, and employee compensation over time

Contractors

Mission Statement

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.

Revisions to this organization profile

January 24, 2025:
2024 Higher Education Servicing Corporation 990 filed
February 7, 2024:
2023 Higher Education Servicing Corporation 990 filed
March 20, 2023:
2022 Higher Education Servicing Corporation 990 filed

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