Delivery Order EDFSA11D0012-0006
- This federal contract award, valued at $45,793,493.28, was issued by the U.S. Department of Education's Office of Federal Student Aid to the Missouri Higher Education Loan Authority (Mohela), a non-profit organization. The contract provides for the servicing of Title IV student financial aid, in accordance with the Health Care and Education Reconciliation Act of 2010. The task order covers the period from October 1, 2016 to September 30, 2017, and includes funding for development and maintenance...
- The Department of Education's Office of Federal Student Aid awarded a $48,806,162.85 firm-fixed-price delivery order to the Missouri Higher Education Loan Authority (Mohela), a non-profit organization, to provide servicing of Title IV student financial aid under the Health Care and Education Reconciliation Act of 2010. This delivery order, which has a period of performance from October 1, 2017 to August 31, 2018, is part of the Department's HCERA-SAFRA Not-For-Profit Servicer Program...
- The Department of Education's Office of Federal Student Aid awarded a $79,991,141.10 firm fixed price delivery order to the Missouri Higher Education Loan Authority (Mohela), a non-profit organization, to provide servicing of Title IV student financial aid under the Health Care and Education Reconciliation Act of 2010. This delivery order is part of the Department's HCERA-SAFRA Not-For-Profit Servicer Program IDIQ contract. The period of performance is from September 1, 2018 to August 31,...
- The Department of Education's Office of Federal Student Aid awarded a $1,753,038.01 delivery order to the Missouri Higher Education Loan Authority (Mohela), a non-profit organization, to provide borrower defense services as part of the agency's Title IV student financial aid servicing program. This delivery order falls under Mohela's $16 billion Unified Servicing and Data Solution IDIQ contract as well as the $1.7 billion NextGen Enhanced Processing Solution IDIQ, which the organization uses...
- This federal contract award is for the servicing of Title IV student financial aid, in accordance with the Health Care and Education Reconciliation Act of 2010. The $303,286.00 fixed-price contract with economic price adjustment was issued by the Department of Education's Office of Federal Student Aid to the Missouri Higher Education Loan Authority (Mohela), a non-profit organization. The award is a delivery order under Mohela's $16 billion Unified Servicing and Data Solution (USDS) Indefinite...
- The U.S. Department of Education's Office of Federal Student Aid awarded a delivery order valued at $231.2 million to Missouri Higher Education Loan Authority (Mohela) for operations and maintenance services supporting federal student loan servicing. This fixed-price contract with economic price adjustment authority is scheduled for completion by March 31, 2027, with a performance location in Washington, DC. The award includes restoration of funding related to negative performance incentive...
- This federal contract award to Missouri Higher Education Loan Authority (Mohela), a non-profit organization, is for the provision of non-servicing contact center support and back-office processing services for the U.S. Department of Education's Office of Federal Student Aid. The $26,493,324.54 Firm Fixed Price Delivery Order contract is issued under Mohela's NextGen Enhanced Processing Solution Indefinite Delivery/Indefinite Quantity (IDIQ) contract, which supports the Department's efforts to...
- The U.S. Department of Education's Office of Federal Student Aid awarded a $31.8M fixed-price delivery order with economic price adjustment to Missouri Higher Education Loan Authority (Mohela) on April 1, 2024, for operations and maintenance services supporting student loan servicing under the Unified Servicing and Data Solution (USDS) master contract. The task order, which extends through March 31, 2026, requires Mohela to deliver all work and deliverables in accordance with the USDS contract...
- This is a $652,833,581.10 firm-fixed-price delivery order contract awarded by the U.S. Department of Education's Office of Federal Student Aid to Missouri Higher Education Loan Authority (MOHELA), a non-profit organization. The contract is a task order under the $16 billion Unified Servicing and Data Solution (USDS) Indefinite Delivery/Indefinite Quantity (IDIQ) contract, which supports the Department of Education's strategic initiatives to consolidate and improve federal student loan...
- The Office of Federal Student Aid awarded Missouri Higher Education Loan Authority (Mohela) a $93.66 billion delivery order for Operations and Maintenance (O&M) task services in support of student loan servicing under the Unified Servicing and Data Solution (USDS) contract. This fixed-price delivery order with economic price adjustment provides funding for services from February through March 2026, with an ultimate completion date of March 31, 2026. The contract was awarded on October 1,...
- HCERA-SAFRA Not-For-Profit Servicer ProgramMaster IDIQ
- EDFSA11D0012Indefinite Delivery Contract
- EDFSA11D0012-0006Delivery Order
This federal contract award, with a ceiling value of $43,504,936.11, was issued by the U.S. Department of Education's Office of Federal Student Aid to the Missouri Higher Education Loan Authority (Mohela), a non-profit organization. The contract is a Delivery Order under the HCERA-SAFRA Not-For-Profit Servicer Program, a multiple-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract. The purpose of this task order is to provide Title IV student financial aid servicing, in accordance with the Health Care and Education Reconciliation Act of 2010. This contract does not utilize a set-aside designation, indicating open competition. Mohela has been awarded multiple federal contracts to support the Department of Education's efforts to modernize and streamline student loan servicing infrastructure, leveraging its expertise in processing, contact center support, and back-office operations for federal student aid programs.
Name | Description | Solicitation Number | FederalAgency | Type | PostedDate |
|---|---|---|---|---|---|
Legacy Loan Servicing Contract - MOHELA | Legacy_Awards_EDFSA11D0012 | Department of Education Contracts and Acquisition Management | Award Notice 1/1 | 12/26/23, 1:38 PM |
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| 3 | Close Out | $0 | 6/22/17 | |
| 2 | Funding Only Action | ($63k) | 6/6/17 | |
| P00015 | Other Administrative Action | $0 | 11/9/16 | |
| P00014 | Supplemental Agreement for work within scope | $0 | 10/28/16 | |
| P00013 | Funding Only Action | $387.0k | 9/27/16 |