North Carolina eVP #99-MP25036

Student Loan Default Prevention and Management Services for Guilford Technical Community College

Guilford Technical Community College (GTCC) is seeking proposals for Student Loan Default Prevention and Management Services to support its Financial Aid Office in reducing federal student loan default rates and assisting borrowers. - Government Buyer: - Guilford Technical Community College (GTCC), Financial Aid Office - Contact: Michael Perry, Assistant Director of Purchasing & Contract Administration - OEMs and Vendors: - No specific Original Equipment Manufacturers (OEMs) or named vendors are mentioned in the solicitation - Products/Services Requested: - Student Loan Default Prevention and Management Services - Comprehensive data management for federal student loan borrowers - Borrower identification, outreach, counseling, and repayment guidance - Coordination with loan servicers - Detailed reporting and compliance support - Data security, FERPA and Title IV compliance - Accessibility and disaster recovery capabilities - Unique or Notable Requirements: - Vendors must comply with federal and state regulations, including FERPA and Title IV - Emphasis on security certifications, disaster recovery, accessibility, and detailed reporting - Open only to vendors registered with the State of North Carolina's Electronic Vendor Portal - Contract term is one year with four optional one-year extensions at the State's discretion

Description

Guilford Technical Community College (GTCC) is soliciting proposals through a Request for Proposals (RFP) for Student Loan Default Prevention and Management Services. The selected vendor will provide comprehensive data management and default prevention services to support GTCC's Financial Aid Office in reducing its Cohort Default Rate and assisting students in achieving long-term financial success. The contract aims to enhance borrower management for federal student loan borrowers at GTCC.

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