CONTRACTAPPROVED

Pennsylvania Higher Education Assistance Agency | Commonwealth of Pennsylvania Awards Financial Services Contract to First National Bank Corporation (Fnb) (November 2025)

Pennsylvania Higher Education Assistance Agency | Commonwealth of Pennsylvania logoPennsylvania Higher Education Assistance Agency | Commonwealth of Pennsylvania
Approved
Nov 20, 2025

The 30-second brief

What it covers

PHEAA approved First National Bank Corporation (FNB) as a manager for a planned 2026 private student loan bond issue. The financing may include up to $300 million of taxable and/or tax-exempt obligations.

Who holds it

First National Bank Corporation (Fnb) holds this financial services contract with Pennsylvania Higher Education Assistance Agency | Commonwealth of Pennsylvania.

What happens next

Term as filed: Expected bond issuance in 2026; obligations may have maturities not exceeding 30 years.

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Contract details

Contract type
Financial Services
Document date
November 20, 2025
Term
Expected bond issuance in 2026; obligations may have maturities not exceeding 30 years
Vendor
First National Bank Corporation (Fnb)
Source document
Pennsylvania Higher Education Assistance Agency Minutes Board of Directors Meeting 2025-11-20 (Minutes)

More Pennsylvania Higher Education Assistance Agency | Commonwealth of Pennsylvania contracts

Questions about this contract

Who was awarded the financial services contract by Pennsylvania Higher Education Assistance Agency | Commonwealth of Pennsylvania?

First National Bank Corporation (Fnb) was awarded this financial services contract by Pennsylvania Higher Education Assistance Agency | Commonwealth of Pennsylvania, as recorded on November 20, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Pennsylvania Higher Education Assistance Agency Minutes Board of Directors Meeting 2025-11-20 (Minutes), dated November 20, 2025 from Pennsylvania Higher Education Assistance Agency | Commonwealth of Pennsylvania. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What is Pennsylvania Higher Education Assistance Agency | Commonwealth of Pennsylvania currently buying?

Explore Pennsylvania Higher Education Assistance Agency | Commonwealth of Pennsylvania's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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