Thursday, June 18, 2009

PHEAA Awarded Fed Contract

From yesterday's email:

U.S. Secretary of Education Arne Duncan today announced that four
companies were awarded contracts to service the Department's $550
billion student loan portfolio. The award of these contracts provides
the Department with the capacity necessary to support anticipated
increases in the number of loans owned by the Department and ensures
borrowers receive the assistance they need to effectively manage their
federal student loan obligations.

AES/PHEAA of Harrisburg, Pennsylvania; Great Lakes Education Loan
Services, Inc., of Madison, Wisconsin; Nelnet, Inc., of Lincoln,
Nebraska; and Sallie Mae Corporation of Reston, Virginia, were awarded
contracts under the Title IV Student Loan Management/Servicing
procurement.


Don't I remember some press about PHEAA a year or so ago?

No comments: