Federal Awards · Award

IGF::CT::IGF CRITICAL FUNCTION BASE AWARD: SERVICING OF TITLE IV STUDENT FINANCIAL AID, IN ACCORDANCE WITH…

Award details are derived from public USAspending.gov records. Not a bid recommendation.

Award details

Award ID
EDENFS16F0018
Contractor
Sub-agency / office
Department of Education
Award amount
$176,066,424
Period of performance
Sep 1, 2016 – Sep 25, 2017
NAICS
522390 — Other Activities Related to Credit Intermediation
Place of performance
MI
Parent award
EDFSA09D0012

Public award 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.

Source: USAspending.gov

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