RFP News
Published on Oct 22, 2009
Affiliated Computer Services, Inc. has been awarded a 12-month contract extension to support servicing and collections for the federal government's Student Loan Programs.
The extension from the U.S. Department of Education is valued at USD 200 million and covers the 2010 calendar year.
This is the second consecutive contract extension given to ACS for meeting performance goals, highlighting the company's quality service in managing the business operations of USD 175 billion in student loans to more than 12 million borrowers.
"With a long-term partnership of more than 15 years, ACS continues to help the Department of Education provide quality service to borrowers," says Tim Conway, senior vice president and managing director, ACS Federal Solutions. "We will continue to commit ourselves to the program that is vitally important to help make higher education possible for so many people." *
| Mandate details | |
|---|---|
| Provider | Affiliated Computer Services, Inc. |
| Client | Student Loan Programs |
| Mandate value | USD 200 million |
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