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MATTER OF BURROUGHS CORP. v. NEW YORK STATE HIGHER EDUC. SERVS. CORP.

91 A.D.2d 1078 (1983)

In the Matter of Burroughs Corporation, Appellant, v. New York State Higher Education Services Corporation et al., Respondents

Appellate Division of the Supreme Court of the State of New York, Third Department.

January 6, 1983

In 1977, the New York State Higher Education Services Corporation (HESC) required a computer system to assist it in administering the State's Guaranteed Student Loan Program and Tuition Assistance Program, involving the processing of over 400,000 loan applications for more than $250 million and the monitoring of repayment of over 450,000 student loans. Because of the urgency of its need, HESC sought and obtained permission from the State Bureau of the Budget to lease such...

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