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FINANCIAL_SERVICESRENEWED

Higher Education Student Assistance Authority Board Meeting Minutes April 2026

HESAA Extends NJBEST Consultant Contract With Meketa

$152,000 for the yearNJ Higher Education Student Assistance AuthorityMEKETA INVESTMENT GROUP INCApril 15, 2026

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Description

The HESAA Board approved Resolution 05:26 to exercise the second one-year extension of its NJBEST/529 Investment Consultant contract with Meketa Investment Group, Inc. The $152,000 extension continues advisory services for New Jersey’s 529 college savings programs.

Contract Details

Contract Amount

$152,000 for the year

Vendor

MEKETA INVESTMENT GROUP INC

Agency

NJ Higher Education Student Assistance Authority, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

April 15, 2026

Contract Term

One-year second extension of NJBEST/529 Investment Consultant contract

Renewal Date

2027-04-15

Renewal Info

Second of three optional one-year extensions under a contract originally awarded in 2023 for two years plus three one-year options; one additional one-year extension remains available.

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