Single award · contract

Critical Function Base Award: Servicing of Title IV Student Financial Aid, in Accordance with Section 2212 of…

Award ID: EDENFS16F0018

A single federal award, with both ends of the trail linked.

$176.1M
Total award value

Award EDENFS16F0018 is a contract from the Department of Education to Great Lakes Educational Loan Services, Inc, $176.1M obligated, FY2016 to FY2017, for Critical Function Base Award: Servicing of Title IV Student Financial Aid, in Accordance with…. The work is performed in Michigan. It is classified as PSC R710 (Support- Management: Financial) and NAICS 522390 (Other Activities Related to Credit Intermediation). Source

Description

Igf::ct::igf Critical Function Base Award: Servicing of Title IV Student Financial Aid, in Accordance with Section 2212 of the Health Care and Education Reconciliation Act of 2010 (Pub.l. 111-152, 124 Stat. 1029). Task Order Description: Servicing of Title IV Student Financial Aid, from 9/1/2016 Through 8/31/2017. Provides Funding for Title IV Aid Servicing, Through Approximately 12/31/2016. Provides Funding for the Delinquency Reduction Compensation Program, in a Not-To-Exceed Amount of $500,000 Per Quarter and $2,000,000 Annually.

Award details

Award typeContract
PIIDEDENFS16F0018
Action date2016
Period13 mo
Place of performanceMichigan →
Competed?Not recordedSource
Total (exact)$176,066,424

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