Public Charity

HIGHER EDUCATION SERVICING CORPORATION

HIGHER EDUCATION SERVICING CORPORATION is a nonprofit organization categorized as Public Charity based in ARLINGTON, TX. Its most recent IRS filing (2025) reports revenue of $36.0M, expenses of $13.8M, total assets of $76.4M. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $50K.

EIN: 751661098 ARLINGTON, TX Latest filing: 2025
Total Revenue$36.0M
Total Expenses$13.8M
Total Assets$76.4M
Grant Records4
Funding Total$50K
Filing Years2021–2025

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.

Officers & Directors

PROGRAMMER Andrew Swaffar
ORIGIN. SYS. MGR. Bradford Bynum
DIR. OF ACCOUNTING Courtney Churchwell
VP OF FINANCE Denise Dunn-Trakshel
Director John Hibbs
SEC/TREAS Judith Schneider

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$29,304 1 grant
SAFETY NET
$10,450 1 grant
GENERAL OPERATIONS
$10,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $36.0M $13.8M $76.4M
2024 $15.7M $11.4M $52.2M
2023 $11.8M $9.1M $47.0M
2022 $11.9M $7.7M $44.5M
2021 $10.6M $7.2M $41.0M

Between 2021 and 2025, reported annual revenue grew from $10.6M to $36.0M (+242%), with total assets most recently reported at $76.4M.

Interactive year-over-year charts and full filing details available with membership.

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