Great Lakes Educational Loan Services, Inc Contracts with Department of Education

Relationship Overview

Total Contract Value: $1,736,048,685

Contract Count: 9

Average Contract Size: $192.9M

Sole Source Rate: 0%

Small Business Rate: 0%

Spending by Sector

Other: $1.7B (9 contracts)

Contracts

PROVIDE DIRECT LOAN SERVICES SUCH AS CALL CENTER AND FINANCIAL REPORTING - GREAT LAKES FROM APPX 12/15/2019 THROUGH 12/14/2020 — $600.2M
BASE AWARD: SERVICING OF TITLE IV STUDENT FINANCIAL AID, IN ACCORDANCE WITH SECTION 2212 OF THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010 (PUB.L. 111-152, 124 STAT. 1029) FOR THE PERIOD OF 6/17/2014 TO 6/16/2019. TASK ORDER: SERVICING OF TITLE IV STUDENT FINANCIAL AID IN ACCORDANCE WITH SECTION 2212 OF THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010 (PUB.L.111-152, 124 STAT. 1029) FOR THE PERIOD OF 09/01/2018 TO 08/31/2019. THIS TASK ORDER ALSO SERVES TO PROVIDE FUNDING UNDER CONTRACT ED-FSA-09-D-0012 FOR TITLE IV AID SERVICING THROUGH APPROXIMATELY 12/31/2018. — $180.1M
IGF::CT::IGF CRITICAL FUNCTION BASE AWARD: SERVICING OF TITLE IV STUDENT FINANCIAL AID, IN ACCORDANCE WITH SECTION 2212 OF THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010 (PUB.L. 111-152, 124 STAT. 1029) FOR THE PERIOD OF 6/17/2009 TO 6/16/2019. TASK ORDER: SERVICING OF TITLE IV STUDENT FINANCIAL AID IN ACCORDANCE WITH SECTION 2212 OF THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010 (PUB.L.111-152, 124 STAT. 1029) FOR THE PERIOD OF 9/01/2017 TO 8/31/2018. — $177.9M
IGF::CT::IGF CRITICAL FUNCTION BASE AWARD: SERVICING OF TITLE IV STUDENT FINANCIAL AID, IN ACCORDANCE WITH SECTION 2212 OF THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010 (PUB.L. 111-152, 124 STAT. 1029). TASK ORDER DESCRIPTION: SERVICING OF TITLE IV STUDENT FINANCIAL AID, FROM 9/1/2016 THROUGH 8/31/2017. PROVIDES FUNDING FOR TITLE IV AID SERVICING, THROUGH APPROXIMATELY 12/31/2016. PROVIDES FUNDING FOR THE DELINQUENCY REDUCTION COMPENSATION PROGRAM, IN A NOT-TO-EXCEED AMOUNT OF $500,000 PER QUARTER AND $2,000,000 ANNUALLY. — $176.1M
IGF::CT::IGF / CRITICAL FUNCTION IDIQ: SERVICING OF TITLE IV STUDENT FINANCIAL AID. TASK ORDER: SERVICING OF TITLE IV STUDENT FINANCIAL AID, FROM 9/1/2015 THROUGH 8/31/2016. PROVIDES FUNDING FOR TITLE IV AID SERVICING THROUGH APPROXIMATELY 12/31/2015. — $170.9M
IGF::CT::IGF / CRITICAL FUNCTION IDIQ: SERVICING OF TITLE IV STUDENT FINANCIAL AID. TASK ORDER: SERVICING OF TITLE IV STUDENT FINANCIAL AID, FROM 9/1/2014 THROUGH 8/31/2015. PROVIDES FUNDING FOR TITLE IV AID SERVICING AND DEVELOPMENT AND MAINTENANCE, THROUGH APPROXIMATELY 12/31/2014. PROVIDES FUNDING FOR THE DELINQUENCY REDUCTION COMPENSATION PROGRAM, IN A NOT-TO-EXCEED AMOUNT OF $500,000 PER QUARTER AND $2,000,000 ANNUALLY. — $158.4M
IGF::CT::IGF "CRITICAL FUNCTION". TASK ORDER 0005 PROVIDES SERVICING OF TITLE IV STUDENT FINANCIAL AID FOR THE JANUARY 01, 2013 TO JUNE 16, 2014 TIME PERIOD. — $119.7M
IGF::CT::IGF / CRITICAL FINCTION TASK ORDER 0008 - SERVICING OF TITLE IV STUDENT FINANCIAL AID. — $100.0M
THIS TASK ORDER ALSO SERVES TO PROVIDE FUNDING UNDER CONTRACT ED-FSA-09-D-0012 FOR TITLE IV AID SERVICING THROUGH APPROXIMATELY 12/15/19. — $52.8M

Frequently Asked Questions

How many contracts does Great Lakes Educational Loan Services, Inc have with Department of Education?

Great Lakes Educational Loan Services, Inc has 9 contracts with Department of Education worth a combined $1.7B.

What is the average contract size between Great Lakes Educational Loan Services, Inc and Department of Education?

The average contract size is $192.9M.

What percentage of Great Lakes Educational Loan Services, Inc's contracts with Department of Education are sole-source?

0% of the contracts are sole-source awards.