Higher Education Student Assistance Authority is the Master Servicer for the portfolio, with the loans subserviced by PHEAA (not rated by Fitch) and Sallie Mae Servicing (rated Proficient Plus by Fitch) The Higher Education Student Assistance Authority (State of New Jersey) (NJHESAA) is a public body corporate and politic, which is in, but not of, the Department of State of the State of New Jersey and an instrumentality of the State.
New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust (NJ), 1998 --Class A June 1, 2008 'AA'; --Class A June 1, 2009 'AA'; --Class A June 1, 2010 'AA'; --Class A June 1, 2011 'AA'; --Class A June 1, 2012 'AA'; --Class A June 1, 2013 'AA'; --Class A June 1, 2017 'AA'.
New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust, 1999 --Class A 6/1/08 'AAA'; --Class A 6/1/09 at 'AAA'; --Class A 6/1/10 at 'AAA'; --Class A 6/1/11 at 'AAA'; --Class A 6/1/12 at 'AAA'; --Class A 6/1/13 at 'AAA'; --Class A 6/1/14 at 'AAA'; --Class A 6/1/18 at 'AAA'.
New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust, 1999 --Class A 6/1/08 'AAA'; --Class A 6/1/09 at 'AAA'; --Class A 6/1/10 at 'AAA'; --Class A 6/1/11 at 'AAA'; --Class A 6/1/12 at 'AAA'; --Class A 6/1/13 at 'AAA'; --Class A 6/1/14 at 'AAA'; --Class A 6/1/18 at 'AAA'.
The New Jersey Higher Education Student Assistance Authority (HESAA) and Franklin Templeton Investments today announced that NJBEST, the 529 college savings plan offered solely to New Jersey residents, and Franklin Templeton 529 College Savings Plan,2offered to investors nationwide, have together exceeded $2 billion in assets under management.
The FFELP student loans pledged under the indenture are serviced by Sallie Mae Servicing and Pennsylvania Higher Education Assistance Agency (PHEAA), while the private loans are serviced by the Higher Education Student Assistance Authority (HESAA).
The New Jersey Higher Education Student Assistance Authority (HESAA) is committed to helping families save for college and is pleased with the favorable changes that the Pension Protection Act of 2006 has instituted for 529 college savings plan investors.
