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Filing year 2023

HIGHER EDUCATION SERVICING CORPORATION

Arlington, Texas·EIN 75-1661098·NTEE B82 · Education·501(c)(3)
Total revenue
$15.7M
Total assets
$52.2M
Total expenses
$11.4M
Reported officers
15
Mission

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.

Executive Dir.
Officer (Unspecified)
$340k
$368k
Base
$275k
Bonus
$33k
Other
$690
Benefits
$10k
IT Director
Chief Information Officer
75th to 90th percentilevs Education peers nationwide
$292k
$315k
Base
$235k
Bonus
$29k
Other
$450
Benefits
$10k
Dir-op Solutions
Unclassified
$204k
$221k
Base
$170k
Bonus
$12k
Other
$300
Benefits
$10k
Controller
75th to 90th percentilevs Education peers nationwide
$193k
$209k
Base
$150k
Bonus
$21k
Other
$1k
Benefits
$10k
Programmer
Unclassified
$154k
$166k
Base
$125k
Bonus
$15k
Other
$552
Benefits
$9k
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.

Browse compensation in Education

Pay in context

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%.

This organization (2023)
3%
Sector median
7%
Middle half of sector
2% to 17%

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.

$291k
2022
$340k
2023
In today's dollarsEst.
Up 11% in real terms$331k to $368k

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.

Pay for the position

Chief Information Officer pay rose 6% from 2022 to 2023, while revenue rose 34%.

$274k in 2022 to $292k in 2023.
  • 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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

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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