Loan Servicing Coordination and Payment Processing

The contract requires coordination with federal and private student loan servicers to ensure that JRJ payments are accurately applied to borrower accounts, maintaining compliance with program requirements and minimizing errors that could jeopardize repayment status. It also involves providing direct guidance to beneficiaries on actions necessary to preserve eligibility for the Public Service Loan Forgiveness program, including documentation, repayment plan selection, and employment certification procedures. All activities must be conducted with precision and timely communication to support borrowers in achieving long-term loan relief. The engagement is structured as a subcontract under the EPS1100 - Office of Grants & Research in Massachusetts, with a posted date of May 1, 2026, and a response deadline of May 22, 2026. The NAICS code 522298 indicates the work falls under other financial investment activities, reflecting the specialized financial servicing nature of the task. There is no set aside specified, and performance location details are not provided, though the work is tied to a Massachusetts-based fiscal and grant administration entity. No point of contact is listed, and all submissions must be made through the provided online portal by the specified deadline.