2020-01-31T13:06:47-06:00 2019-06-30 BKD LLP 14241 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 990 2018-07-01 742129255 Brazos Higher Education Service Corporation Inc % RICKY TURMAN EVP/COO/CFO BRAZ 2547530915 2600 Washington Ave Waco TX 76710 RICKY TURMAN EVP/COO/CFO 2547530915 2020-05-15 true Jeanette Verrelli P00742631 9727028262 167.68.126.162 75465920200315000007 2020-01-31 P C04110446F027A7EF6CCEE8BF04862AA5191FCC5 078261B7477102B2107625D906C61A9A3760A272 2018 2020-11-19 02:30:22Z RICKY TURMAN 2600 Washington Ave Waco TX 76710 10562441 false X WWW.STUDENTLOANS.COM X 1980 TX TO PROVIDE MANAGEMENT AND ADMINISTRATIVE SUPPORT FOR AFFILIATED STUDENT LOAN ENTITIES. 9 8 40 8 179836 0 0 0 9479569 8974068 1226806 1567565 637507 20808 11343882 10562441 148961 145227 0 0 7048856 6803323 0 0 0 1510424 1062883 8708241 8011433 2635641 2551008 75470768 78417621 15571027 12957658 59899741 65459963 TO PROVIDE MANAGEMENT AND ADMINISTRATIVE SUPPORT FOR AFFILIATED STUDENT LOAN ENTITIES. false false 6257398 130704 8994511 ADMINISTRATIVE AND MANAGEMENT SERVICES FOR AFFILIATED NON-PROFIT ENTITIES. AS MASTER SERVICER, BRAZOS HIGHER EDUCATION SERVICE CORPORATION PROVIDED MANAGEMENT SERVICES FOR AFFILIATED ENTITIES. THIS INCLUDED ADMINISTERING OVER 629,000 LOANS WITH OUTSTANDING PRINCIPAL IN EXCESS OF $4.3 BILLION UNDER THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP), HEAL, TERI, AND VARIOUS OTHER ALTERNATIVE LOAN PROGRAMS. 695266 14523 BRAZOS FOUNDATION - BHESC PROVIDES SUPPORT FOR THE BRAZOS EDUCATION FOUNDATION (FOUNDATION) BY UNDERWRITING THE ADMINISTRATIVE EXPENDITURES OF THE FOUNDATION. THE FOUNDATION PROVIDES GRANTS AND SCHOLARSHIPS TO QUALIFIED HIGH SCHOOL STUDENTS FOR THE PURPOSE OF ATTENDING POST-SECONDARY OR GRADUATE INSTITUTIONS. 6952664 true false false true false false false false false false true true false true true true false true false false false false false false false false false true false true false false false false false false false false false false false false false true true true false false true 28 0 40 true true true false false false false false false false false false false false X 9 8 true false false false false false false true true false false true true true true true true true true false X RICKY TURMAN EVPCOOCFO 2547530915 2600 WASHINGTON AVE WACO TX 76710 X Bob Chambers Director 1.0 10.0 X 0 0 0 Tom Chase Director 1.0 10.0 X 0 0 0 John Hatchel Director 1.0 10.0 X 0 0 0 Norman L Hay Jr Director 1.0 10.0 X 0 0 0 Dr Terry Maness Director 1.0 10.0 X 0 0 0 Mrs Joyce Packard Director 1.0 10.0 X 0 0 0 John Perry Director 1.0 10.0 X 0 0 0 Dr Joseph F Velez Director 1.0 10.0 X 0 0 0 Thomas Ben Litle President/CEO 29.0 11.0 X X 446793 0 63957 Ricky Turman EVP/COO/CFO 29.0 11.0 X 425756 0 74547 Samuel Redden SVP/Chief Information Officer 39.0 1.0 X 248411 0 61924 Randall Larson VP/Special Projects 39.0 1.0 X 207573 0 50888 Andrew Ellis VP/Human Resources 39.0 1.0 X 205597 0 59273 Susan Davis Secretary 29.0 11.0 X 89791 0 30818 Darrell Brooks Treasurer 30.0 10.0 X 143863 0 46853 Vicky Smith Assistant Secretary 30.0 10.0 X 61068 0 26774 Tammy Harralson Controller/VP 30.0 10.0 X 201472 0 47571 Kelli Uttech VP/General Counsel 30.0 10.0 X 279267 0 61590 Murray Watson President (End: 07/24/18) 29.0 11.0 X 2570113 0 63227 Justin Green Financial Services Director 40.0 0.0 X 202222 0 44885 Sarah MacCarthy VP/Compliance 40.0 0.0 X 161790 0 36302 John M Wright Business Analytics Director 40.0 0.0 X 154304 0 46743 Milicent Larson Executive Dir, Brazos FDN 1.0 39.0 X 152660 0 41968 Debra Urias VP Customer Relations 40.0 0.0 X 145412 0 34048 5696092 0 791368 14 false true false BKD LLP 14241 DALLAS PARKWAY SUITE 1100 DALLAS TX 752542961 AUDIT AND TAX SVC 149750 1 0 Operating Income 522294 6242287 6242287 BENEFICIAL INTEREST (M&O) 522294 2005986 2005986 Commission Income 522294 721795 721795 Administrative Service Income 522294 4000 4000 8974068 998721 175836 822885 0 365 365 0 0 0 364842 204002 364842 204002 568844 568844 0 0 0 0 0 0 0 0 0 Miscellaneous Revenue 522294 20443 20443 20443 10562441 8990511 179836 1392094 145227 145227 0 0 0 5112860 4601574 511286 0 564220 507798 56422 28738 25864 2874 797452 717707 79745 300053 270048 30005 38213 34392 3821 20111 20111 157230 157230 50882 50882 0 0 29085 29085 2261 2261 176066 158459 17607 93312 83981 9331 0 138858 124972 13886 30134 27121 3013 0 14476 13028 1448 3438 3094 344 0 80193 72174 8019 97587 87828 9759 BAD DEBT EXPENSE 45330 45330 SPECIAL EVENT EXPENSE 40246 36221 4025 ADMINISTRATIVE EXPENSE 37201 33481 3720 . 0 8260 7434 826 8011433 6952664 1058769 0 583880 1895927 1069420 9198139 0 0 60532 55480 616821 0 0 0 0 0 0 0 68579 74928 2296544 1742246 634490 554298 18963203 11906420 3554772 5008027 0 0 0 0 49919071 49724402 75470768 78417621 2503083 2889862 0 0 6641882 6013609 0 0 0 0 0 0 1013000 0 0 0 5413062 4054187 15571027 12957658 X 59899741 65459963 0 0 0 0 59899741 65459963 75470768 78417621 X 2551008 3009214 X false true X true X 0 0 0 0 0 0 13141257 11960110 10867682 9475058 8990511 54434618 0 0 0 13141257 11960110 10867682 9475058 8990511 54434618 0 0 0 54434618 423254 647874 920229 1135933 823250 3950540 0 423254 647874 920229 1135933 823250 3950540 0 0 0 0 0 0 0 0 1076510 634777 0 1711287 13564511 12607984 12864421 11245768 9813761 60096445 0.90579 0.92626 0.06574 0.05738 X false false false false false false false false true 50882 50882 false SCHEDULE C, PART II-B, LINE 1I LOBBYING ACTIVITIES: OUTSIDE LOBBYISTS WERE HIRED TO ADVISE BRAZOS ON APPROPRIATE STRATEGIES AND ACTIONS REGARDING LEGISLATION THAT WOULD HAVE A HARMFUL IMPACT ON BRAZOS INTEREST. IN ADDITION, LOBBYISTS WERE CHARGED WITH MONITORING THE INTRODUCTION AND THE PROGRESS ON LEGISLATION/RULES THAT REQUIRED BRAZOS COMPLIANCE IN ALL AREAS OF THE BUSINESS. LEGISLATION ISSUES INCLUDED BUDGET RECONCILIATION, REAUTHORIZATION OF THE HIGHER EDUCATION ACT, TAX-EXEMPT ISSUES AND PRIVACY ISSUES. 0 68000 68000 0 1777548 1356029 421519 0 187379 122600 64779 0 263617 263617 0 554298 INVESTMENTS- STOCKS 177962 F INVESTMENTS- BAC 2323065 C INVESTMENTS- OTHER SECURITIES 2507000 C 5008027 Accrued Investment Interest 480085 Assets held in Escrow 4054187 Due from Affiliates 36770574 Other Asset 8419556 49724402 0 Prefunded Benefit Payable 4054187 4054187 X SCHEDULE D, PART X, LINE 2 LIABILITY FOR UNCERTAIN TAX POSITIONS: BHESC IS A NOT-FOR-PROFIT PUBLIC BENEFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). THE COMPANY IS ALSO EXEMPT FROM STATE INCOME TAX. INCOME WHICH IS NOT RELATED TO ITS EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL INCOME TAXES. THE COMPANY HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2019 AND 2018. AS SUCH, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE COMPANY FILES FEDERAL INFORMATION RETURNS IN THE UNITED STATES. THE COMPANY MAY BE SUBJECT TO EXAMINATIONS FOR THE TAX YEARS ENDED JUNE 30, 2016 AND LATER BY THE INTERNAL REVENUE SERVICE. THE COMPANY IS NOT CURRENTLY UNDER EXAMINATION FOR ANY OPEN TAX YEAR. THE COMPANY FOLLOWS THE ACCOUNTING STANDARD RELATED TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COMPANY CURRENTLY HAS NO UNCERTAIN TAX POSITIONS. false Reach Therapeutic Riding Center 525 Austin Hines China Spring TX 76633 261856333 501(C)(3) 10000 See Part IV Waco Scottish Rite Charitable Foundation 2801 West Waco Drive Waco TX 76707 742581354 501(C)(3) 7500 Further Exempt Purpose of Recipient Dr Pepper Free Enterprise Program 300 S 5th Street Waco TX 76701 742497117 501(C)(3) 12500 Further Exempt Purpose of Recipient Texas State Technical College 3801 Campus Drive Waco TX 767051695 741646989 GOVT 25000 Contribution to Endowment Baylor University One Bear Place 97043 Waco TX 767987043 741559753 501(C)(3) 50000 Contribution to endowment McLennan Community College 1400 College Drive Waco TX 76708 741646989 501(C)(3) 26000 Contribution to endowment 6 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S.: THE ORgANIZATION PROVIDES DONATIONS TO OTHER CHARITABLE AND GOVERNMENTAL ORGANIZATIONS. THESE ARE SIMPLE CHARITABLE CONTRIBUTIONS TO THE OTHER ORGANIZATIONS, SO THERE IS NO NEED TO MONITOR THE USE OF THE FUNDS. SCHEDULE I, PART II, LINE 1, COLUMN (H) NAME OF ORGANIZATION OR GOVERNMENT: REACH THERAPEUTIC RIDING CENTER (H) PURPOSE OF GRANT OR ASSISTANCE: ASSIST WITH THE ORGANIZATION'S SCHOLARSHIP PROGRAM BENEFITING AUTISTIC CHILDREN. X true true X X X false true false false false false false true false Thomas Ben Litle President/CEO 414023 0 32139 0 631 0 60008 0 3949 0 510750 0 0 0 Ricky Turman EVP/COO/CFO 386998 0 32370 0 6388 0 60417 0 14130 0 500303 0 0 0 Samuel Redden SVP/Chief Information Officer 220575 0 20569 0 7267 0 53766 0 8158 0 310335 0 0 0 Randall Larson VP/Special Projects 189065 0 18508 0 0 0 45277 0 5611 0 258461 0 0 0 Andrew Ellis VP/Human Resources 188065 0 17532 0 0 0 45874 0 13399 0 264870 0 0 0 Darrell Brooks Treasurer 129797 0 14066 0 0 0 33941 0 12912 0 190716 0 0 0 Tammy Harralson Controller/VP 178726 0 17354 0 5392 0 43615 0 3956 0 249043 0 0 0 Kelli Uttech VP/General Counsel 251283 0 22895 0 5089 0 56647 0 4943 0 340857 0 0 0 Murray Watson President (End: 07/24/18) 2358981 0 74088 0 137044 0 60815 0 2412 0 2633340 0 0 0 Justin Green Financial Services Director 183733 0 18489 0 0 0 34824 0 10061 0 247107 0 0 0 Sarah MacCarthy VP/Compliance 147337 0 14453 0 0 0 31308 0 4994 0 198092 0 0 0 John M Wright Business Analytics Director 139610 0 14694 0 0 0 31718 0 15025 0 201047 0 0 0 Milicent Larson Executive Dir, Brazos FDN 137835 0 14825 0 0 0 30576 0 11392 0 194628 0 0 0 Debra Urias VP Customer Relations 131567 0 13845 0 0 0 28260 0 5788 0 179460 0 0 0 SCHEDULE J, PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE PRESIDENT, MURRAY WATSON, RECEIVES PAYMENTS FOR SOCIAL CLUB DUES. THESE PAYMENTS ARE INCLUDED IN HIS FORM W-2 AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED PLAN: MURRAY WATSON REPORTED $13,498 OF INTEREST RELATED TO A SPLIT-DOLLAR LIFE INSURANCE PLAN ON HIS W-2 AS TAXABLE INCOME. SCHEDULE J, PART I, LINE 7 Nonfixed payments: While part of the bonuses given to employees are calculated using a fixed formula, the other part of the bonus is calculated by a set percentage determined at the discretion of the board. FORM 990, PART VI, SECTION A, LINE 1A DELEGATION OF AUTHORITY: THE EXECUTIVE COMMITTEE SHALL CONSIST OF FIVE MEMBERS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL, BETWEEN MEETINGS OF THE BOARD, HAVE ADMINISTRATIVE CONTROL OVER ALL MATTERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 2 DESCRIPTION OF FAMILY RELATIONSHIPS: MURRAY WATSON was THE PRESIDENT OF BRAZOS HIGHER EDUCATION SERVICE CORPORATION (BHESC) for the first part of the fiscal year. RANDALL LARSON (OFFICER AND EMPLOYEE OF BHESC), AND MILICENT LARSON (KEY EMPLOYEE OF RELATED ENTITY, BEF) ARE HIS SON-IN-LAW AND DAUGHTER, RESPECTIVELY. FORM 990, PART VI, SECTION B, LINE 11B PROCESS FOR REVIEWING FORM 990: THE FORM 990 IS PROVIDED TO SENIOR MANAGEMENT FOR REVIEW. AFTER THIS REVIEW, THE RETURN IS POSTED ON A SECURE WEBSITE FOR REVIEW BY THE BOARD OF DIRECTORS. THE BOARD IS NOTIFIED OF THE POSTING AND ASKED TO PROVIDE COMMENTS OR QUESTIONS. COMMENTS OR QUESTIONS ARE INVESTIGATED AND RESOLVED OR DISCLOSED TO THE BOARD. UPON COMPLETION OF THE PROCESS, THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: THE COMPLIANCE DEPARTMENT PREPARES AND DISTRIBUTES A CONFLICT OF INTEREST QUESTIONNAIRE TO ALL BOARD MEMBERS AND EMPLOYEES ANNUALLY. THE COMPLIANCE DEPARTMENT REVIEWS THE QUESTIONNAIRES AND COMPILES A LIST OF POTENTIAL CONFLICTS FOR REVIEW BY THE AUDIT COMMITTEE, SENIOR MANAGEMENT, AND THE BOARD OF DIRECTORS. POTENTIAL CONFLICTS ARE ASSESSED AND RESOLVED IF DETERMINED TO BE AT RISK. IF A CONFLICT IS FOUND TO EXIST, THE CONFLICTED BOARD MEMBER ABSTAINS FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15A & 15B PROCESS FOR DETERMINING COMPENSATION: BRAZOS HIGHER EDUCATION SERVICE CORPORATION'S BOARD OF DIRECTORS USES AN INDEPENDENT THIRD PARTY TO REVIEW THE COMPENSATION OF THE PRESIDENT, OFFICERS, AND KEY EMPLOYEES. THE THIRD PARTY REVIEWS EACH ELEMENT OF COMPENSATION TO ENSURE IT IS IN COMPLIANCE WITH IRS GUIDELINES AS WELL AS PERFORMS COMPARABILITY STUDIES TO DETERMINE WHETHER SALARIES ARE REASONABLE. THE MOST RECENT REVIEW WAS CONDUCTED DURING FISCAL YEAR 2018 BY AN INDEPENDENT CONSULTANT AND IS DOCUMENTED IN THE BOARD'S MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 PROCESS TO MAKE DOCUMENTS AVAILABLE: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN Fund balances: ESTATE CONTRIBUTION $12,309,050 Estate Distribution (9,299,836) ----------------- Total $3,009,214 Brazos Academic Lending Corporation PO BOX 1308 WACO TX 76703 742540458 STUD LOANS TX 501(C)(3) 10 NA true ACAPITA EDUCATION FINANCE CORPORATION PO BOX 1308 WACO TX 76703 742542435 STUD LOANS TX 501(C)(3) 10 NA true ANGELINA HIGHER EDUCATION AUTHORITY 2600 WASHINGTON AVE WACO TX 76710 200115078 STUD LOANS TX 501(C)(3) 10 NA true BRAZOS EDUCATION FINANCE CORPORATION 2600 WASHINGTON AVE WACO TX 76710 742539632 STUD LOANS TX 501(C)(3) 10 NA true BRAZOS EDUCATION LOAN AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203868073 STUD LOANS TX 501(C)(3) 10 NA true BOSQUE HIGHER EDUCATION AUTHORITY INC PO BOX 1308 WACO TX 76703 742534099 STUD LOANS TX 501(C)(3) 10 NA true BRAZOS STUDENT FINANCE CORPORATION PO BOX 1308 WACO TX 76703 742356109 STUD LOANS TX 501(C)(3) 10 NA true BRAZOS HIGHER EDUCATION AUTHORITY INC PO BOX 1308 WACO TX 76703 742099402 STUD LOANS TX 501(C)(3) 10 NA true BRAZOS EDUCATION LENDING CORPORATION 2600 WASHINGTON AVE WACO TX 76710 203870081 STUD LOANS TX 501(C)(3) 10 NA true FEDERATED STUDENT FINANCE CORPORATION 2600 WASHINGTON AVE WACO TX 76710 742536239 STUD LOANS TX 501(C)(3) 10 NA true FRIO HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203870120 STUD LOANS TX 501(C)(3) 10 NA true LAVACA HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203870153 STUD LOANS TX 501(C)(3) 10 NA true LLANO HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203870219 STUD LOANS TX 501(C)(3) 10 NA true PALUXY HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203868139 STUD LOANS TX 501(C)(3) 10 NA true ROZELL HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203867891 STUD LOANS TX 501(C)(3) 10 NA true TEXOMA HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203868230 STUD LOANS TX 501(C)(3) 10 NA true TRINITY HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 742534486 STUD LOANS TX 501(C)(3) 10 NA true BRAZOS EDUCATION FOUNDATION INC 2612 WASHINGTON AVE WACO TX 76710 264562436 GRANT MAKING TX 501(C)(3) 7 BHESC true ATLANTIC STUDENT FINANCE CORPORATION 2600 WASHINGTON AVE WACO TX 76710 205412189 STUD LOANS FL 501(C)(3) 7 NA true EDINVEST COMPANY 2600 WASHINGTON AVE WACO TX 76710 742537669 STUD LOANS TX 501(C)(3) 10 NA true EDUCATION SERVICING MANAGEMENT CORPORATI 2600 WASHINGTON AVE WACO TX 76710 203870046 STUD LOANS TX 501(C)(3) 10 NA true EDUCATIONAL FUNDING SERVICES INC PO BOX 1308 WACO TX 76703 330947525 STUD LOANS CA 501(C)(3) 10 NA true BRAZOS EDUCATION FUNDING CORPORATION IN 2600 WASHINGTON AVE WACO TX 76710 203870176 STUD LOANS TX 501(C)(3) 10 NA true SABINE HIGHER EDUCATION AUTHORITY INC 2600 WASHINGTON AVE WACO TX 76710 203868185 STUD LOANS TX 501(C)(3) 10 NA true INTERVIEWSTREAM INC 2612 WASHINGTON AVE WACO TX 76710 461208841 JOB INTERVIEW TX BAC C-CORPORATION 28364 2200793 0.00000 true BRAZOS ASSET CORPORATION (BAC) 2600 WASHINGTON AVE WACO TX 76710 300835799 INVESTMENT TX BHESC C-CORPORATION -2925103 3738300 1.00000 true true true true true false false false false false false false true false false false false false false false InterviewStream A 175836 Cash BRAZOS STUDENT FINANCE CORPORATION B 3009214 Cash ACAPITA EDUCATION FINANCE CORPORATION C 260000 Cash ANGELINA HIGHER EDUCATION AUTHORITY C 100000 Cash BOSQUE HIGHER EDUCATION AUTHORITY C 568000 Cash BRAZOS STUDENT FINANCE CORPORATION C 11381050 Cash Brazos Education Lending Corporation D 12650000 Cash BRAZOS HIGHER EDUCATION AUTHORITY INC L 2517362 CASH BRAZOS STUDENT FINANCE CORPORATION L 574304 CASH BOSQUE HIGHER EDUCATION AUTHORITY L 71856 CASH FEDERATED STUDENT FINANCE CORPORATION L 99872 CASH ACAPITA EDUCATION FINANCE CORPORATION L 628359 CASH BRAZOS EDUCATION FUNDING CORPORATION L 168883 CASH BRAZOS EDUCATION LOAN AUTHORITY INC L 2140952 CASH FORM 990, SCHEDULE R, PART IV IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS CORP OR TRUST: NAME OF RELATED ORGANIZATION: BRAZOS ASSET CORP PRIMARY ACTIVITY: FINANCE TRANS INVOLVING CREATION/LIQUIDATION/OWNERSHIP OF FINANCIAL ASSETS DIRECT CONTROLLING ENTITY: BRAZOS HIGHER EDUCATION SERVICE CORPORATION