This Solicitation opportunity from New Mexico was posted on September 27, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Student Loan Borrower Counseling, Outreach, and Financial Literacy Services
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
This contract involves the provision of comprehensive student loan borrower success services by a selected vendor, focusing on outreach, counseling, and financial literacy education to support borrowers in navigating their loan repayment options. The services aim to enhance borrower understanding, facilitate effective loan repayment, and reduce default rates through targeted outreach efforts, including grace period counseling and outcome-based repayment counseling. The contract also encompasses loan summary services to provide borrowers with clear, accessible information about their loans, and educational initiatives designed to improve financial literacy among borrowers. The solicitation, issued by the University of New Mexico's Department of Student Financial Aid, is set within a budget range of $500,000 to $2,000,000 and is scheduled for posting in late September 2025, with responses due by late October 2025. The procurement emphasizes a sole source arrangement with Inceptia, justified by their proprietary technology and specialized capabilities that are not available from other vendors, ensuring compliance with federal requirements and effective default prevention strategies. The contract aims to support the university’s efforts in borrower education and repayment assistance, ultimately contributing to improved financial outcomes for students across New Mexico.
General Info
Place of Performance
NM, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
Earlier notices in this NAICS code
Posted before this notice, open and closed
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