Student Loan Servicing and Account Management
Contract Overview
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AI Contract Overview
This subcontract for Student Loan Servicing and Account Management supports prime contractors on IDAPP program projects for the Illinois Student Assistance Commission. The scope of work involves comprehensive end-to-end borrower account management, including the processing of loan originations, credit balance refunds, and requests for deferment and forbearance. Additionally, the provider is responsible for tracking federal entitlements and utilizing specialized loan servicing software that maintains immutable transaction histories to ensure data integrity. The performance of these services must strictly comply with IDAPP regulations and state student loan guidelines to deliver accurately managed borrower accounts and processed loan modifications. The work is associated with NAICS code 522310 and is performed in Deerfield, Illinois.
General Info
Agency
NAICS
Place of Performance
Deerfield, IL, 60015-5209, USASet-Aside
Documents
This scope was carved out of 26-691ISAC-IDAPP-B-50645.
The full solicitation package (4 documents), including the RFP, is on the prime solicitation, not on this scope.
26-691ISAC-IDAPP-B-50645 | IDAPP Student Loan Servicing - Sole Source
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