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Financial Aid Optimization Model Development

Open
State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

General Info

Place of Performance

RI, USA

Set-Aside

NONE

Documents

This scope was carved out of RFP27007123.

The full solicitation package (4 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

CCRI Financial Aid Optimization and Packaging

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Organization & Contact Information

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AgencyState of Rhode Island
ContactsNo contacts available
OfficeN/A
Organization / AgencyState of Rhode Island
Office AddressN/A
ContactsNo contact information available

Full Description

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Develops quantitative financial aid optimization models for prime contractors on Community College of Rhode Island (CCRI) projects. Programs tools to simulate the impact of award strategies on net tuition revenue and enrollment, creates technical methodology documentation, and provides staff training. Delivers a functional optimization model and technical user documentation.

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More opportunities from State of Rhode Island

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Solicitation # RFP27007123
The Community College of Rhode Island (CCRI) is soliciting proposals under RFP27007123 to engage a qualified vendor to establish a data-informed financial aid packaging policy and an optimization model. The primary objective is to review current packaging processes and develop a transparent, adaptable model that allows CCRI to evaluate alternative budget and award strategies to optimize student access, enrollment, and net tuition revenue. Key deliverables include a current-state assessment, a documented financial aid packaging policy, a financial aid optimization model with accompanying documentation and training, a Workforce Pell assessment, and a prioritized implementation plan. The project is expected to be completed within a three-to-four-month timeframe, with the possibility of annual support fees for up to five years. Proposals will be evaluated based on the vendor's approach and methodology, experience with community colleges or similar institutions, the proposed implementation schedule, and references from the last five years. Bidders must submit a technical proposal limited to 20 pages, a lump sum fixed fee cost proposal, a signed Supplemental Bidder Attestation form, and an ISBE Proposal. Special emphasis is placed on ISBE participation, with bonus points available for certified MBE, WBE, or Disability Business Enterprise involvement. All submissions must be processed through the Ocean State Procures portal, and bidders must certify that no conflicts of interest exist regarding the formation of the RFP.
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