This $238.7 million definitive firm-fixed price contract was awarded by the Department of Education's Office of Federal Student Aid (FSA) to General Dynamics Information Technology, Inc. (GDIT) to develop a modern, flexible, and efficient Award Eligibility Determination (AED) system to replace the Central Processing System for calculating student aid eligibility. The contract has no set-aside designation.
The AED system will receive applicant data from the Free Application for Federal Student Aid (FAFSA) and other federal systems to determine Expected Family Contribution and eligibility for federal student aid. This effort supports FSA's mission to process over 40 million customer applications and disburse $125 billion in annual student loan funding.
GDIT has subcontracted with several firms, including 8(a) participant Jazz Solutions Inc. and woman-owned small business FCN Inc., to provide IT services, products, and solutions. GDIT also holds several significant federal Indefinite Delivery Vehicles (IDVs) that will facilitate delivery of services for this contract.
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