South Texas Higher Education Authority (STHEA) is a non-profit corporation incorporated in 1973 under the City of Edinburg, Texas. The primary purpose of STHEA is to provide funds for the acquisition and servicing of guaranteed student loans. The Authority issues tax exempt bonds in the public funds market and uses those proceeds to acquire guaranteed student loans from lending institutions. STHEA contracts with the Council for South Texas Economic Progress (COSTEP) to provide administrative and loan servicing.

Under the guidance and vision of the late Lloyd M. Bentsen, Jr., former U.S. Secretary of the Treasury and U.S. Senator, South Texas Higher Education Authority, Inc. (STHEA) was conceived with a vision to serve the South Texas community with the belief that equal access to education is the key to economic progress for all. Over 30years later, the board of directors of STHEA remains as committed to this vision as when it was first established.

With the support of our Board of Directors and our student loan servicer, the Council for South Texas Economic Progress (COSTEP), STHEA is devoted to providing solutions for overcoming financial obstacles to obtaining a post-secondary education.

The key to continued success lies with our aggressive approach to reach as many students as possible, and to communicate the message that there are financial resources available through industry partners providing for a better future.

Since inception and before recent legislative changes were introduced with the College Cost Reduction and Access Act, the South Texas Higher Education Authority, in association with its business partners, invested in its community by providing over $4.5 million in scholarships, various interest rate reduction and loan forgiveness programs that saved borrowers in excess of $8.35 million.

We are proud of our association with our industry partners and the programs that are
now provided. Some of these programs include:

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