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$122,306,705

Department of Education·Department of Education

to EDFINANCIAL SERVICES LLC

educationactive
WORK BEGAN2026-04-01·LATEST ACTION2026-05-06·SOURCEUSASPENDING·SOURCE IDCONT_AWD_91003126F0020_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 BY THE USDS SERVICER MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT F

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 of federal student loan servicing under the USDS contract for the 2026–2027 fiscal year.

Sub-sectors
student-loan-servicingfederal-loan-administrationm&o-contract
Why this matters

Student loan servicing is critical infrastructure for the $1.7 trillion federal student debt portfolio; this contract ensures borrower account management and repayment processing.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-05-26. Cost: $0.002674.

Period of performance
Start
2026-04-01
End
2027-03-30
Status
activein 273 days
Sources

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

$122.3M Department of Education — The Buildout — The Buildout