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Department of Education Awarded a Contract to EDFINANCIAL SERVICES LLC for $89,503,556.00
Signed on
9/23/2025, 12:00 AM
EDFINANCIAL SERVICES LLC Government Contract #91003125F0042
EDFINANCIAL SERVICES LLC was awarded a contract with the United States Government for $89,503,556.00. 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
The recipient of the federal contract is EDFINANCIAL SERVICES LLC, a U.S.-Owned Business based in Knoxville, Tennessee. The contract is for operations and maintenance related to student loan servicing under the Department of Education. The contract is worth a total of $46,894,441, with notable transactions including multiple payments adding up to the total amount.
Contract Details
Agency Details
Recipient Details
Comments
Award Transactions
Department of Education, a sub agency of Department of Education, issued a payment of $2,000,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $44,894,441.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,981,941.32 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $2,000,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $44,894,441.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,946.78 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,981,941.32 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $2,000,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $44,894,441.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $43,559,814.57 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,946.78 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,981,941.32 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $2,000,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $44,894,441.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $78,673.23 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $43,559,814.57 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,946.78 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,981,941.32 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $2,000,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $44,894,441.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
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.
Department of Education, a sub agency of Department of Education, issued a payment of $78,673.23 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $43,559,814.57 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,946.78 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,981,941.32 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $2,000,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $44,894,441.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,057,869.36 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $126,936.49 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
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.
Department of Education, a sub agency of Department of Education, issued a payment of $78,673.23 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $43,559,814.57 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,946.78 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $1,981,941.32 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $2,000,000.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.
Department of Education, a sub agency of Department of Education, issued a payment of $44,894,441.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.