0
0

Department of Education Awarded a Contract to EDFINANCIAL SERVICES LLC for $328,940,005.68

Signed on

12/30/2019, 12:00 AM

EDFINANCIAL SERVICES LLC Government Contract #91003120F0334

EDFINANCIAL SERVICES LLC was awarded a contract with the United States Government for $328,940,005.68. The contract was awarded by the agency office FSA ACQUISITIONS OFFICE, which is a division with the Department of Education within the Department of Education.

Summary of Award

### Detailed Summary of the US Government Award with EDFINANCIAL SERVICES LLC

#### Overview of the Contract

The US government, specifically the Department of Education, awarded a contract under contract ID "91003120F0334" to EDFINANCIAL SERVICES LLC. This contract was categorized as a "DELIVERY ORDER," and it involves support management services, particularly in financial domains. The contract was designed as a "Firm Fixed Price" agreement under the Indefinite Delivery/Indefinite Quantity (IDIQ) framework, which allows for multiple awards and modifications. The period of performance is from December 30, 2019, to December 31, 2024. #### Financial Scope The contract has a total obligation of $328.94 million, with expenditures totalling $522.55 million across the contract's duration. The discrepancy between obligation and outlay suggests potential modifications and expansions of contracted services. These financial transactions are crucial in depicting how the contract evolved over time and the extent of services provided by the recipient. #### Recipient: EDFINANCIAL SERVICES LLC EDFINANCIAL SERVICES LLC, a Knoxville, Tennessee-based company, specializes in activities related to credit intermediation. The firm is categorized under NAICS code 522390, indicating their operations center on financial services, specifically in support and management. As a U.S.-owned Limited Liability Corporation, they are not classified as a small business, marking their established presence in the financial sector. The principal executive officers, including William A. Hollin and John J. Farinella, command substantial compensation, reflecting the firm's operational scale and expertise. #### Purpose and Type of Services The contract focuses on providing management support services concerning financial matters, aligned with Product or Service Code (PSC) R710. This aligns with EDFINANCIAL's core competencies in managing student aid and financial processes for educational institutions. #### Contract Modifications and Transactions The contract underwent numerous modifications, each corresponding to significant transactions which either increased or decreased the financial obligations. This dynamic nature is evidenced by varying transaction amounts, reflecting the evolving demands and services provided during the contract's life cycle. Key transactions include: - **April 2021-2022**: The contract witnessed multiple positive transactions, including $32.5 million (August 4, 2022) and $12 million (June 9, 2021), indicating periods of heightened service delivery, possibly aligning with fiscal year-end consolidations and expanded service scopes. - **Negative Adjustments**: Action dates such as April 15, 2024, show adjustments of -$11 million, indicative of reconciliations or service reductions. These modifications are essential in understanding the contract's reflective nature and flexibility in financial adjustments. - **Significant Expansions**: Notably, in 2023, another expansion occurred with a $27.6 million transaction (December 14), suggesting a renewal or substantial service augmentation. Given the contract's structure, such adjustments align with strategic implementations or pauses in service provisions, common in large-scale federal contracts. #### Competition and Contracting Details The contract was awarded under full and open competition, with four offers received, ensuring a competitive selection process. This measure underscores the government's adherence to fair procurement standards while securing optimal service providers. #### Funding and Awarding Agency Both funding and awarding parameters were managed by the Department of Education, specifically through the Federal Student Aid Acquisitions Office. This alignment emphasizes the contract's educational focus, reflecting EDFINANCIAL's strategic partnerships with federal educational programs. #### Conclusion The delivery order awarded to EDFINANCIAL SERVICES LLC paints a comprehensive picture of the financial and operational relationship between the Department of Education and a private sector leader in credit management. Modifications throughout the contract, as evidenced by varied transaction activities, highlight EDFINANCIAL's responsiveness to fluctuating federal needs and the critical role they play in supporting America's educational framework. This partnership exemplifies federal outsourcing strategies, leveraging private sector efficiencies and expertise to serve public sector educational mandates effectively.

Contract Details

Contract ID91003120F0334
Contract TypeC
Total Obligation$328,940,005.68
Exercised Options$328,940,005.68
Base Amount + Options$328,940,005.68
Date Signed2019-12-30
Contract DescriptionTHE PURPOSE OF THIS MODIFICATION IS TO CREATE A NEW TASK ORDER FOR CONTRACT ED-FSA-12-D-0005 WITH THE PERIOD OF PERFORMANCE: 01/01/2020 TO 12/31/2020.
Start Date2019-12-30
End Date2024-12-31

Agency Details

Awarding AgencyDepartment of Education
Awarding Sub AgencyDepartment of Education
Awarding OfficeFSA ACQUISITIONS OFFICE
Funding AgencyDepartment of Education
Funding Sub AgencyDepartment of Education
Funding OfficeFEDERAL STUDENT AID

Recipient Details

RecipientEDFINANCIAL SERVICES LLC
Recipient Location298 N SEVEN OAKS DR K KNOXVILLE TENNESSEE, UNITED STATES
Business CategoriesCategory Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00116$2,096,497.67April 10, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $2,096,497.67 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00115$-107,122.08December 18, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $-107,122.08 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00114$0.00June 26, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00113$0.00June 3, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00112$-11,160,392.48April 15, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $-11,160,392.48 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00111$0.00March 28, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00110$44,367.33March 21, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $44,367.33 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00108$-1,739.41February 15, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $-1,739.41 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00107$63,329.70February 1, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $63,329.70 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00106$5,446.70January 18, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $5,446.70 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00105$27,606,347.74December 14, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $27,606,347.74 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00104$0.00December 12, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00103$0.00December 12, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00102$13,343,708.00December 5, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $13,343,708.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00101$4,438,872.99November 28, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $4,438,872.99 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00100$8,760.00November 6, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $8,760.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00099$9,318,513.16October 26, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $9,318,513.16 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00098$0.00October 19, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00097$7,318,381.74October 16, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $7,318,381.74 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00095$-11,383,279.71October 10, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $-11,383,279.71 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00093$17,721.90September 21, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $17,721.90 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00092$61,196.04September 8, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $61,196.04 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00091$57,845.71August 22, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $57,845.71 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00090$27,500,000.00August 18, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $27,500,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00089$133,672.82July 31, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $133,672.82 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00088$134,609.36June 21, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $134,609.36 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00087$60,354.72June 15, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $60,354.72 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00086$1,222,833.20June 1, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $1,222,833.20 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00085$66,671.82May 26, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $66,671.82 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00084$1,881,239.85May 25, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $1,881,239.85 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00083$5,320.71May 17, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $5,320.71 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00081$3,136.80April 13, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $3,136.80 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00080$30,613,000.00April 6, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $30,613,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00078$818,212.39April 4, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $818,212.39 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00077$12,630.65March 30, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $12,630.65 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00076$69,613.13March 29, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $69,613.13 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00074$4,683,052.63February 24, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $4,683,052.63 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00073$0.00February 13, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00072$15,702,000.00February 6, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $15,702,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00071$5,234,000.00January 17, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $5,234,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00070$4,126,000.00December 14, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $4,126,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00069$1,616,000.00December 8, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $1,616,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00068$9,695.61December 6, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $9,695.61 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00067$9,695.30October 14, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $9,695.30 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00066$0.00October 11, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00065$-3,432.98October 11, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $-3,432.98 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00064$9,526,809.01September 30, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $9,526,809.01 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00063$412,234.81September 30, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $412,234.81 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00062$597,600.84September 30, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $597,600.84 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00060$29,904.81September 29, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $29,904.81 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00061$207,419.21September 29, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $207,419.21 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00059$90,042.37September 23, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $90,042.37 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00053$32,501,000.00August 4, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $32,501,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00052$21,098.00July 1, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $21,098.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00051$0.00June 29, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00050$0.00June 8, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00049$12,009,677.42June 7, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $12,009,677.42 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00048$9,226,537.01May 4, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $9,226,537.01 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00047$2,943,350.00April 25, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $2,943,350.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00046$3,605.52April 14, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $3,605.52 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00045$3,893,333.33April 5, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $3,893,333.33 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00044$2,000,000.00March 8, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $2,000,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00042$5,725.39December 30, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $5,725.39 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00041$0.00December 23, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00040$20,168.41December 22, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $20,168.41 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00039$8,000,000.00December 3, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $8,000,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00038$12,507,363.37November 3, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $12,507,363.37 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00037$3,805,000.00September 30, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $3,805,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00036$0.00September 28, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00035$5,548.42September 9, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $5,548.42 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00034$507,399.94September 7, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $507,399.94 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00033$3,116.76September 7, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $3,116.76 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00032$127,029.81September 2, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $127,029.81 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00031$4,217.56August 29, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $4,217.56 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00028$6,782.11August 17, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $6,782.11 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00026$12,000,000.00June 9, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $12,000,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00022$3,500,000.00February 24, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $3,500,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00021$3,500,000.00February 5, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $3,500,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00020$3,000,000.00February 3, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $3,000,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00019$8,568.52February 1, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $8,568.52 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00017$0.00December 28, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00016$3,828.97December 11, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $3,828.97 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00015$4,500,000.00December 8, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $4,500,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$4,678,000.00September 30, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $4,678,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$5,642.73September 2, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $5,642.73 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$1,979,109.36April 30, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $1,979,109.36 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$3,864.14April 30, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $3,864.14 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$-1,979,109.36April 23, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $-1,979,109.36 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$15,503,000.00April 23, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $15,503,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$3,814.45April 8, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $3,814.45 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$1,975,294.91April 7, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $1,975,294.91 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00April 3, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00March 20, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$3,500,000.00December 30, 2019

Department of Education, a sub agency of Department of Education, issued a payment of $3,500,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00116$2,096,497.67April 10, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $2,096,497.67 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00115$-107,122.08December 18, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $-107,122.08 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00114$0.00June 26, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00113$0.00June 3, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00112$-11,160,392.48April 15, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $-11,160,392.48 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00111$0.00March 28, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00110$44,367.33March 21, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $44,367.33 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00108$-1,739.41February 15, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $-1,739.41 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00107$63,329.70February 1, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $63,329.70 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00106$5,446.70January 18, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $5,446.70 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00105$27,606,347.74December 14, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $27,606,347.74 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00104$0.00December 12, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00103$0.00December 12, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00102$13,343,708.00December 5, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $13,343,708.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00101$4,438,872.99November 28, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $4,438,872.99 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00100$8,760.00November 6, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $8,760.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00099$9,318,513.16October 26, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $9,318,513.16 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00098$0.00October 19, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00097$7,318,381.74October 16, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $7,318,381.74 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00095$-11,383,279.71October 10, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $-11,383,279.71 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00093$17,721.90September 21, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $17,721.90 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00092$61,196.04September 8, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $61,196.04 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00091$57,845.71August 22, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $57,845.71 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00090$27,500,000.00August 18, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $27,500,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00089$133,672.82July 31, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $133,672.82 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00088$134,609.36June 21, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $134,609.36 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00087$60,354.72June 15, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $60,354.72 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00086$1,222,833.20June 1, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $1,222,833.20 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00085$66,671.82May 26, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $66,671.82 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00084$1,881,239.85May 25, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $1,881,239.85 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00083$5,320.71May 17, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $5,320.71 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00081$3,136.80April 13, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $3,136.80 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00080$30,613,000.00April 6, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $30,613,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00078$818,212.39April 4, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $818,212.39 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00077$12,630.65March 30, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $12,630.65 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00076$69,613.13March 29, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $69,613.13 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00074$4,683,052.63February 24, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $4,683,052.63 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00073$0.00February 13, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00072$15,702,000.00February 6, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $15,702,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00071$5,234,000.00January 17, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $5,234,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00070$4,126,000.00December 14, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $4,126,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00069$1,616,000.00December 8, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $1,616,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00068$9,695.61December 6, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $9,695.61 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00067$9,695.30October 14, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $9,695.30 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00066$0.00October 11, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00065$-3,432.98October 11, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $-3,432.98 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00063$412,234.81September 30, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $412,234.81 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00064$9,526,809.01September 30, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $9,526,809.01 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00062$597,600.84September 30, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $597,600.84 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00060$29,904.81September 29, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $29,904.81 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00061$207,419.21September 29, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $207,419.21 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00059$90,042.37September 23, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $90,042.37 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00053$32,501,000.00August 4, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $32,501,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00052$21,098.00July 1, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $21,098.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00051$0.00June 29, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00050$0.00June 8, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00049$12,009,677.42June 7, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $12,009,677.42 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00048$9,226,537.01May 4, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $9,226,537.01 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00047$2,943,350.00April 25, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $2,943,350.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00046$3,605.52April 14, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $3,605.52 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00045$3,893,333.33April 5, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $3,893,333.33 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00044$2,000,000.00March 8, 2022

Department of Education, a sub agency of Department of Education, issued a payment of $2,000,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00042$5,725.39December 30, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $5,725.39 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00041$0.00December 23, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00040$20,168.41December 22, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $20,168.41 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00039$8,000,000.00December 3, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $8,000,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00038$12,507,363.37November 3, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $12,507,363.37 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00037$3,805,000.00September 30, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $3,805,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00036$0.00September 28, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00035$5,548.42September 9, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $5,548.42 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00034$507,399.94September 7, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $507,399.94 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00033$3,116.76September 7, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $3,116.76 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00032$127,029.81September 2, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $127,029.81 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00031$4,217.56August 29, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $4,217.56 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00028$6,782.11August 17, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $6,782.11 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00026$12,000,000.00June 9, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $12,000,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00022$3,500,000.00February 24, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $3,500,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00021$3,500,000.00February 5, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $3,500,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00020$3,000,000.00February 3, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $3,000,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00019$8,568.52February 1, 2021

Department of Education, a sub agency of Department of Education, issued a payment of $8,568.52 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00017$0.00December 28, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00016$3,828.97December 11, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $3,828.97 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00015$4,500,000.00December 8, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $4,500,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$4,678,000.00September 30, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $4,678,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$5,642.73September 2, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $5,642.73 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$3,864.14April 30, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $3,864.14 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$1,979,109.36April 30, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $1,979,109.36 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$15,503,000.00April 23, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $15,503,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$-1,979,109.36April 23, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $-1,979,109.36 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$3,814.45April 8, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $3,814.45 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$1,975,294.91April 7, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $1,975,294.91 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00April 3, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00March 20, 2020

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$3,500,000.00December 30, 2019

Department of Education, a sub agency of Department of Education, issued a payment of $3,500,000.00 to HIGHER EDUCATION SERVICING CORP. The payment included a Subsidy Cost of $0.00.