Title IV Financial Aid Origination and Disbursement

The contract pertains to the Title IV Financial Aid Origination and Disbursement Services procurement conducted by the U.S. Department of Education's Office of Federal Student Aid. This acquisition follows a two-phase solicitation process designed to identify a vendor to provide services for origination and disbursement of Title IV financial aid. Phase One concluded with the selection of four vendors—Accenture Federal Services, Nelnet Servicing, Sallie Mae-Navient, and Team Great Lakes—who are invited to participate in Phase Two by submitting detailed proposals. Selection for Phase Two does not guarantee contract award; proposals will be evaluated based on criteria outlined in the Phase Two solicitation to determine the best value offeror who is responsible and meets government requirements. The solicitation process included submission deadlines and an amendment issued to revise the solicitation package, with all Phase One proposals and questions managed via designated email communications. The acquisition complies with the Department of Education Acquisition Regulation, ensuring structured evaluation through Go/No-Go factors and detailed evaluation criteria. The contract aims to secure comprehensive and efficient services for managing Title IV financial aid processes, supporting the federal government's ability to oversee student aid origination and disbursement with selected vendors in competition during Phase Two. Points of contact for the solicitation include Contracting Officer Raj Kohli and Senior Contracting Officer Connie Ginn.