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BILLING-0962 - USA (Cedar Falls, Iowa) - Student Loan Billing Services - Deadline February 26,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: BILLING-0962

Government Authority located in Cedar Falls, Iowa; USA based organization looking for expert vendor for student loan billing services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide student loan billing services for certain federal title IV loan programs amongst other loans as needed to the government authority located in Cedar Falls, IA.
- Student loan programs to provide a full-service support system for the following programs: federal
Perkins loan program, primary care, health professions, nursing, loans for disadvantaged students, nurse faculty and long-term and short-term institutional loan programs.
- Cash Collection Services to preference will be given to a company with the ability to accept credit cards as a method of borrower payment online, ability to automatically prorate borrower payments across multiple programs and loan types as prescribed by regulation, shall track and instantly display both the deposit amount and the amount prorated towards each individual loan when payments are applied to the system for multiple loans, shall discuss its payment processing including payment application by company and university and lockbox processing, which should include but not be limited to the company’s ability to supply a daily cash reconciliation report to the university.
(2) All question must be submitted no later than February 14, 2020.

[C] Eligibility:

- Onshore (USA Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location

Expiry Date : Wednesday, 26 February, 2020

Question Answer Deadline : Friday, 14 February, 2020

Category : Billing Services

Country : USA

State : Iowa

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