Details: Credit Card Processing FY 2027 MID 17585055 MID 13891112 External Contract Number…

Nelnet Business Solutions Inc. has been awarded a contract by Laurel Ridge Community College, a Virginia higher education institution, to provide credit card processing services for fiscal year 2027. The contract, identified as PO05418919 and bearing the external reference number CTR022699-1 under the Virginia Community College System (VCCS)-wide solicitation 23-9884, was executed on July 24, 2026. The contract encompasses two merchant identification numbers (MID 17585055 and MID 13891112) and carries a cumulative value of $12,000.00. Services are to be delivered to Christina Butterfass at the college.

The line item specification indicates a quantity of 12,000 units at a unit price of $1.00 each, consistent with the total contract value. This arrangement reflects a financial services engagement supporting the college's payment processing infrastructure for the upcoming fiscal period. The contract represents Nelnet Business Solutions Inc.'s engagement as the prime contractor for these merchant services on a VCCS-wide basis, extending the vendor's existing relationship with Virginia's community college system.