ACAPITA EDUCATION FINANCE CORPORATION
2600 WASHINGTON AVENUE, WACO, TX 76710 www.studentloans.com

Total Revenue
$28,860,136
Total Expenses
$68,874,137
Net Assets
$-1,006,920,898

Organizations Filed Purposes: ACAPITA EDUCATION FINANCE CORPORATION (AEFC) IS A SECONDARY MARKET OF COLLEGE STUDENT LOANS UNDER THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP). AEFC'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.

ACAPITA EDUCATION FINANCE CORPORATION'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.

AEFC SERVICED OVER 69,000 LOANS TOTALING OVER $865 MILLION. THIS INCLUDED OVER $779 MILLION UNDER THE TITLE IV FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP) OF WHICH INCLUDED $629 MILLION OF CONSOLIDATION LOANS. THESE LOANS WERE FUNDED THROUGH TEMPORARY FINANCING.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Greta WatsonDirector1$0
Larry SmithDirector1$0
Charles ReedDirector1$0
Sherrill PogueDirector1$0
Joyce PackardChairman1$0
Dr Terry ManessDirector1$0
Brent HelmDirector1$0
Claude ErvinDirector1$0
Steve BostickDirector1$0
Susan DavisSecretary1$0
Darrell BrooksTreasurer1$0
Tammy HarralsonController/VP1$0
Kelli UttechVP/General Counsel1$0
Ricky TurmanEVP/COO/CFO1$0
Thomas Ben LitlePresident/CEO1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202140509349300004_public.xml