Board meetings, strategic plans, and buyer signals from Jordan Faleshock’s organization
Jun 18, 2026·BoardMeeting
Board
Pennsylvania Higher Education Assistance Agency Board Of Directors Meeting Of The Board Of Directors
The Board of Directors received the Audit Review Committee report, including the adoption of the Audit Review Committee Charter, Internal Audit Charter, Internal Audit Plan, and approval of updates to the Chief Audit Executive job description. The Board authorized the implementation of a 3-Year Pilot Program providing scholarship renewals for selected students. Furthermore, the Board approved the fiscal year 2026-27 consolidated operating and capital budget and granted specific authorities to the President and CEO regarding new business initiatives, emergency business continuity plans, and collection agency fees. Finally, the Board approved the rescission of a prior Order of Default due to an administrative error.
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Pennsylvania Higher Education Assistance Agency Meeting Of The Board Of Directors
The board approved the schedule for the 2026-27 meetings and compliance trainings. A quarterly financial report was provided, detailing the agency's operating results, revenue trends related to the Voluntary Flexible Agreement, and balance sheet updates. The board held an executive session for education services, CEO, and guaranty agency updates. Additionally, the board adopted resolutions to enter orders of default against borrowers as part of the agency's administrative loan collection process.
Apr 16, 2026·BoardMeeting
Board
Pennsylvania Higher Education Assistance Agency Meeting Of The Board Of Directors
The meeting included the introduction of a new board member and various committee reports. Key actions included the adoption of the 2026-27 PA State Grant Formula, approval of a supplement to the PA State Grant Program, and authorization for the 2026-27 Matching Funds Program. Additionally, the Board established an application deadline for the Northern PA Regional College and approved a methodology for a high-need bonus award within the Student Teacher Support Program. The Executive Committee provided updates on various internal matters and authorized a Voluntary Separation Incentive Plan. Finally, the Board approved resolutions for the entry of Orders of Default regarding student loan collections.
Feb 19, 2026·BoardMeeting
Board
Pennsylvania Higher Education Assistance Agency Meeting Of The Board Of Directors
The Board of Directors discussed several key agenda items, including reports from the Audit Review Committee and the Committee on Need Analysis and Aid Coordination. Significant actions taken included the approval of changes to the Internal Audit Charter and Mandate, the update of economic eligibility criteria for the Act 101 Program to a Student Aid Index of 12,000, and the authorization of guidelines for the Nursing Shortage Assistance Program. The Board also approved the front-loading of the Grow PA Scholarship Grant Program for the 2025-26 period, the election of Board officers, and revisions to the Enterprise Code of Ethics and Business Conduct. Furthermore, the Board reviewed informational updates on 2026-27 Commonwealth Appropriations, quarterly financial results, and municipal bond disclosures. Finally, the Board ratified a new 2026-2030 agency strategy and authorized the entry of various Orders of Default for student loans.
Extracted from official board minutes, strategic plans, and video transcripts.
