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Higher Education Technology Infrastructure Fund (HETI)
In 1998, the Authority sold $55 million in par amount of bonds under this program to provide grants to the State’s institutions to enhance and acquire technology infrastructure.
|
| Issue |
Maturity |
Interest Rate |
Principal |
Outstanding
|
| 1998 A |
Matured |
4.000% to 5.875% |
$55,000,000 |
$0 |
| |
|
Total |
$55,000,000 |
$0 |
|
| Original Loan Amounts |
| Series 1998 A |
| Institution |
Allocation |
| Rutgers, The State University |
$7,722,000 |
| University of Medicine & Dentistry of New Jersey |
$4,306,500 |
| New Jersey Institute of Technology |
$2,821,500 |
| Thomas Edison State College |
$525,000 |
| New Jersey City University |
$1,245,000 |
| Kean University |
$1,760,000 |
| Montclair State University |
$2,020,000 |
| Ramapo College of New Jersey |
$935,000 |
| Rowan University |
$1,605,000 |
| Richard Stockton College of New Jersey |
$1,245,000 |
| The College of New Jersey |
$1,555,000 |
| William Paterson University of New Jersey |
$1,710,000 |
| Atlantic Cape Community College |
$608,737 |
| Bergen County Community College |
$967,796 |
| Brookdale County Community College |
$898,728 |
| Burlington County Community College |
$617,998 |
| Camden County Community College |
$892,388 |
| Cumberland County Community College |
$445,879 |
| Essex County Community College |
$868,774 |
| Gloucester County Community College |
$570,511 |
| Hudson County Community College |
$564,024 |
| Mercer County Community College |
$750,188 |
| Middlesex County Community College |
$867,654 |
| County College of Morris |
$750,769 |
| Ocean County Community College |
$694,436 |
| Passaic County Community College |
$493,197 |
| Raritan Valley Community College |
$552,389 |
| Salem County Community College |
$386,848 |
| Sussex County Community College |
$459,167 |
| Union County Community College |
$828,573 |
| Warren County Community College |
$381,944 |
| Bloomfield College |
$287,382 |
| Caldwell College |
$281,937 |
| Centenary College |
$252,243 |
| College of Saint Elizabeth |
$252,243 |
| Drew University |
$323,022 |
| Fairleigh Dickinson University |
$481,917 |
| Felician College |
$270,057 |
| Georgian Court College |
$281,937 |
| Monmouth University |
$411,627 |
| Princeton University |
$438,357 |
| Rider University |
$440,832 |
| Saint Peter's College |
$370,047 |
| Seton Hall University |
$446,772 |
| Stevens Institute of Technology |
$411,627 |
| Higher Education Interconnectivity |
$5,000,000 |
| Library Technology Grants |
$5,000,000 |
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