NEW JERSEY HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY (HESAA)
REQUEST FOR PROPOSALS FOR FINANCIAL ADVISOR Student Loan Program Revenue Bonds
The New Jersey Higher Education Student Assistance Authority (“HESAA” or “Authority”), is seeking
proposals from firms interested in serving as Financial Advisor to the Authority for bonds issued through
negotiated sales. The Financial Advisor will serve as the Authority’s Independent Registered Municipal
Advisor under SEC and MSRB regulations and as such respondent firm must be qualified to serve in this
capacity. The respondent firm must have their own municipal underwriting desk that has successfully
underwritten municipal transactions for at least the last 2 years.
Through this RFP, HESAA seeks to obtain the best services at the most favorable, competitive prices.
The Authority must receive proposals no later than 4:00 pm on Friday October 2, 2025.
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