Learn about Minnesota Higher Education Facilities Authority, including Featured News, Borrowers, The Team, and 50th Anniversary.
The Minnesota Higher Education Facilities Authority (the “Authority”) was formed by the Minnesota Legislature in 1971. The purpose of the Authority is to assist Minnesota based institutions of higher education in the construction, financing and refinancing of capital projects. The legislation authorizing the Authority establishes and affirms that the Authority’s authorized power is an essential public function. The Authority is also authorized and empowered to do all things necessary or helpful to carry out its statutory purpose.
The Authority may have up to $1.3 billion of bonds or notes outstanding at any time. The Authority receives no state funding of any kind. It does not have any taxing power and does not receive any allocation of tax receipts from the state of Minnesota. Authority operations are funded 100% from fees charged to borrowers and investment earnings.
Click the link below to listen to the latest episode of Baker Tilly's Higher Ed Advisor podcast, featuring the Authority's Executive Director, Barry Fick.
Mary Yang Thao, of Circle Pines, MN, has been appointed to the MN Higher Education Facilities Authority Board as the Board member who is a trustee, director, officer, or employee of an institution of higher education. The Governor’s Press Release is available here.
David Rowland, of Edina, MN, has been reappointed to the MN Higher Education Facilities Authority Board as the Board member having a favorable reputation for skill, knowledge, and experience in the field of state and municipal finance. The Governor’s Press Release is available here.
Augsburg University offers more than 50 undergraduate majors and 11 graduate degrees to nearly 3,400 students of diverse backgrounds at its campus in the vibrant center of the Twin Cities and a location in Rochester. Augsburg educates students to be informed citizens, thoughtful stewards, critical thinkers, and responsible leaders. An Augsburg education is defined by excellence in the liberal arts and professional studies, guided by the faith and values of the Lutheran church, and shaped by its urban and global settings.
2015 Augsburg College Financial Statement
2016 Augsburg College Financial Statement
2017 Augsburg College Financial Statement
2018 Augsburg University Financial Statement
2019 Augsburg University Financial Statement
2020 Augsburg University Financial Statement
2021 Augsburg University Financial Statement
2018 Augsburg University Form 990 available in the Documents Section
Bethel University is a leader in Christ-centered higher education with about 4,500 students from 47 states and 22 countries enrolled in undergraduate, graduate, seminary, and adult undergraduate programs. Based in St. Paul, Minnesota, Bethel offers bachelor’s and advanced degrees in more than 100 fields through classroom-based and online programs. The university equips graduates for excellence in leadership, scholarship, and service as they strive to live out biblical truth.
2015 Bethel University Financial Statement
2016 Bethel University Financial Statement
2017 Bethel University Financial Statement
2018 Bethel University Financial Statement
2019 Bethel University Financial Statement
2020 Bethel University Financial Statement
2018 Bethel University Form 990 available in the Documents Section
Founded in 1866, Carleton College is a private, coeducational liberal arts college of 2,000 students located in the historic river town of Northfield, Minnesota. Nationally recognized as the nation’s top college for undergraduate teaching, Carleton is known for its academic rigor, intellectual curiosity, and sense of humor. Carleton offers 33 majors and 37 minors in the arts, humanities, natural sciences, mathematics, and social sciences.
2015 Carleton College Financial Statement
2016 Carleton College Financial Statement
2017 Carleton College Financial Statement
2018 Carleton College Financial Statement
2019 Carleton College Financial Statement
2020 Carleton College Financial Statement
2018 Carleton College Form 990 available in the Documents Section
The mission of the College of Saint Benedict is to provide for women the best residential liberal arts education in the Catholic and Benedictine traditions. The College fosters integrated learning, exceptional leadership for change and wisdom for a lifetime. CSB is one of the top 100 liberal arts colleges in the country and ranked number one among liberal arts colleges for operating efficiency, as cited by U.S. News & World Report. We are a top-40 Fulbright producing school and the only Catholic, Benedictine college for women in the country.
2015 College of Saint Benedict Financial Statement
2016 College of Saint Benedict Financial Statement
2017 College of Saint Benedict Financial Statement
2018 College of Saint Benedict Financial Statement
2019 College of Saint Benedict Financial Statement
2020 College of Saint Benedict Financial Statement
2017 College of Saint Benedict Form 990 available in the Documents Section
We will use this page to share updates regarding our 50th Anniversary and upcoming plans for annual conferences.
September 8, 2021: With the increase in the Delta variant of COVID, we'll be postponing our full slate of in-person 50th Anniversary celebrations until 2022, likely to coincide with our April 20, 2022 Annual Conference.
