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$212,869,664

Department of Education·Department of Education

to EDFINANCIAL SERVICES LLC

educationactiveONGOING · MOD OF 2024 CONTRACT
WORK BEGAN2024-07-01·LATEST ACTION2026-06-16·SOURCEUSASPENDING·SOURCE IDCONT_AWD_91003124F0319_9100_91003123D0003_9100
Award description

OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE TASK ORDER.

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: high
In plain English

Operations and maintenance funding for student loan servicing under a multi-year federal contract that began in July 2024.

Sub-sectors
student-loan-servicingm&o-contractfederal-loan-administration
Why this matters

Ensures continuity of federal student loan servicing operations affecting millions of borrowers; this April 2026 obligation sustains ongoing portfolio management.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-05-21. Cost: $0.002716.

Period of performance
Start
2024-07-01
End
2027-03-20
Status
activein 263 days
Sources

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.

$212.9M Department of Education — The Buildout — The Buildout