Texas Prepaid Higher Education Tuition Board, Austin, rehired AKF Consulting as a consultant, pending successful contract negotiations, spokesman Chris Bryan said.
The tuition board administers the state’s $1.4 billion Texas Guaranteed Tuition Plan, $564.5 million Texas Tuition Promise Fund, $321.3 million Texas College Savings Plan, $181.2 million LoneStar 529 Plan and other programs.
AKF Consulting assists in developing and evaluating RFPs for investment and plan management services, and identifying and applying best practices of the 529 industry, among other services.
An RFP was issued in October due to AKF’s upcoming contract expiration. The firm’s current contract expires Dec. 31.
Hewitt EnnisKnupp is the tuition board’s investment consultant.