Bosque Higher Education Authority Inc

“Ray rushing, an officer of the company, is an employee of a law firm owned by murray watson, jr., also an officer of the company.”

“Bosque higher education authority has a contract with brazos higher education service corporation to perform management and adminstration services on bosque's behalf. This includes master servicing adminstration for the outstanding student loans held by bosque. The services include, but are not limited to: accounting, reporting, servicing, originating, marketing, treasury, and compliance monitoring of the student loans held by bosque.”

“Bosque higher education authority inc. Amended and restated its bylaws in march of 2014 and amended and restated its certificate of formation (articles of incorporation) in may of 2014 to reduce the number of board of directors to 7-10. The certificate of formation was amended again in june of 2014 to include an inadvertently omitted paragraph from the original restated may filing.”

“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.”

“The internal audit department prepares and distributes a conflict of interest questionnaire to all board members and employees annually. Included with the questionnaire is a listing of vendors utilized by the organization. The internal audit 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.”

“The compensation of the ceo (or executive director, as applicable), officers, and key employees of the bosque higher education authority, inc. Is paid by a related organization, and is determined under the policies of the respective related organization.”

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“ROUNDING 1.”

“The oversight and selection process has not changed from the prior year.”