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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Texas.
- Base
- $275k
- Bonus
- $33k
- Other
- $690
- Benefits
- $10k
- Base
- $235k
- Bonus
- $29k
- Other
- $450
- Benefits
- $10k
- Base
- $170k
- Bonus
- $12k
- Other
- $300
- Benefits
- $10k
- Base
- $150k
- Bonus
- $21k
- Other
- $1k
- Benefits
- $10k
- Base
- $125k
- Bonus
- $15k
- Other
- $552
- Benefits
- $9k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Dir. Officer (Unspecified) | $275k | $33k | $690 | $10k | $340k $368k |
IT Director Chief Information Officer 75th to 90th percentilevs Education peers nationwide | $235k | $29k | $450 | $10k | $292k $315k |
Dir-op Solutions Unclassified | $170k | $12k | $300 | $10k | $204k $221k |
Controller 75th to 90th percentilevs Education peers nationwide | $150k | $21k | $1k | $10k | $193k $209k |
Programmer Unclassified | $125k | $15k | $552 | $9k | $154k $166k |
Programmer Unclassified | — | — | — | — | $147k $159k |
Dir. of Accounting Unclassified | — | — | — | — | $146k $158k |
Dir of Marketing Unclassified | — | — | — | — | $146k $158k |
Programmer Unclassified | — | — | — | — | $146k $158k |
Director Board Member Below 10th percentile | — | — | — | — | $2k $3k |
Sec/treas Officer (Unspecified) | — | — | — | — | $2k $3k |
President Below 10th percentile | — | — | — | — | $2k $3k |
Director Board Member Below 10th percentile | — | — | — | — | $2k $3k |
Director Board Member Below 10th percentile | — | — | — | — | $2k $2k |
Director Board Member Below 10th percentile | — | — | — | — | $2k $2k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2023, the highest total compensation at HIGHER EDUCATION SERVICING CORPORATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 17%
from 2022
From $291k in 2022 to $340k in 2023.
Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Information Officer pay rose 6% from 2022 to 2023, while revenue rose 34%.
- Controller pay rose 21% from 2022 to 2023.
- Board Member pay rose 23% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about HIGHER EDUCATION SERVICING CORPORATION
What does the Chief Information Officer of HIGHER EDUCATION SERVICING CORPORATION earn?
In 2023, the Chief Information Officer of HIGHER EDUCATION SERVICING CORPORATION received $291,667 in total compensation. This pay is in the top quarter for Chief Information Officer roles among Education organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Information Officer pay at HIGHER EDUCATION SERVICING CORPORATION compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2023 pay of the Chief Information Officer at HIGHER EDUCATION SERVICING CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at HIGHER EDUCATION SERVICING CORPORATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.
What are HIGHER EDUCATION SERVICING CORPORATION's revenue and expenses?
In 2023, HIGHER EDUCATION SERVICING CORPORATION reported $15.7M in total revenue and $11.4M in total expenses on its IRS Form 990.
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