HCERA/SAFRA - Not-For-Profit (NFP) Servicer Program Solicitation Number: NFP-RFP-2010 Estimated NFP Go-Live Dates and Status Updates (as of 05/17/12)
Please note: This is not meant to be a comprehensive list, and entities that have submitted proposals prior to the date of this posting may be added to this list as they are determined to be eligible and qualified in accordance with the terms of this solicitation.
The Department will continue to evaluate all proposals received in accordance with the terms and conditions of the solicitation, and will update this list as additional determinations are made.
Any changes from the previous list will be denoted in bold italics.
Update: FSA has been working aggressively to implement the new not-for-profit servicers. Through May 2012 we have brought up five entities representing 17 not-for-profits. We currently have an additional 14 not-for-profits slated to go live through mid-2013. As we have gained experience with this process, however, we have learned that our original schedule did not fully accommodate the level of effort required to bring up servicers in a way that minimizes risks for borrowers, FSA, and the not-for-profits themselves. Accordingly, we have revised the implementation schedule moving forward to better reflect experience to date, allow not-for-profits and their subcontractors more time to meet federal requirements, and minimize risks to borrowers.
| Not for Profit Entity |
| Prime/ Sub |
| Updated Go Live Date |
| Previous Go Live Date |
| Delay from Dec Plan |
| 1 |
| Missouri Higher Education Loan Authority (MOHELA) |
| Prime |
| Live |
| Live |
| none |
| 2 |
| Alaska Student Loan Corporation (ASLC) |
| Sub |
| Live |
| Live |
| none |
| 3 |
| NorthStar Education Finance, Inc. |
| Sub |
| Live |
| Live |
| none |
| 4 |
| Indiana Secondary Market for Education Loans, Inc. (ISM) |
| Sub |
| Live |
| Live |
| none |
| 5 |
| North Dakota |
| Sub |
| Live |
| Live |
| none |
| 6 |
| New Jersey |
| Sub |
| Live |
| Live |
| none |
| 7 |
| Educational Services of America, Inc. (Edsouth Services) |
| Prime |
| Live |
| Live |
| none |
| 8 |
| Arkansas Student Loan Authority (ASLA) |
| Sub |
| Live |
| Live |
| none |
| 9 |
| Finance Authority of Maine (FAME) |
| Sub |
| Live |
| Live |
| none |
| 10 |
| Illinois Designated Account Purchase Program (IDAPP) |
| Sub |
| Live |
| Live |
| none |
| 11 |
| Louisiana Public Facilities Authority (LPFA) |
| Sub |
| Live |
| Live |
| none |
| 12 |
| Maine Education Services (MES) |
| Sub |
| Live |
| Live |
| none |
| 13 |
| Wyoming Student Loan Corporation (WyoLoan) |
| Sub |
| Live |
| Live |
| none |
| 14 |
| Utah Higher Education Assistance Authority (UHEAA) |
| Prime |
| Live |
| Live |
| none |
| 15 |
| Aspire Resources Inc. (formerly ISL Service Corp) |
| Prime |
| Live |
| Live |
| none |
| 16 |
| Iowa Student Loan Liquidity Corp |
| Sub |
| Live |
| Live |
| none |
| 17 |
| New Hampshire Higher Education Loan Corporation (NHHELCO) |
| Prime |
| Live |
| Live |
| none |
| 18 |
| Oklahoma Student Loan Authority (OSLA) |
| Prime |
| Jul 2012 |
| Jul 2012 |
| none |
| 19 |
| Tru Student, Inc. |
| Prime |
| Jul 2012 |
| Jul 2012 |
| none |
| 20 |
| Student Assistance Foundation of Montana (SAF) |
| Sub |
| Jul 2012 |
| Jul 2012 |
| none |
| 21 |
| South Carolina Student Loan Corporation |
| Prime |
| Aug 2012 |
| Apr 2012 |
| 3 months |
| 22 |
| Vermont Student Assistance Corporation (VSAC) |
| Prime |
| Oct 2012 |
| Oct 2012 |
| none |
| 23 |
| Kentucky Higher Education Student Loan Corporation (KHESLC) |
| Prime |
| Nov 2012 |
| Oct 2012 |
| 1 month |
| 24 |
| College Foundation, Inc. (CFI) |
| Prime |
| Feb 2013 |
| Oct 2012 |
| 4 months |
| 25 |
| Council for South Texas Economic Progress (COSTEP) |
| Prime |
| Feb 2013 |
| Oct 2012 |
| 4 months |
| 26 |
| Georgia Student Finance Authority (GSFA) |
| Prime |
| Jun 2013 |
| Jan 2013 |
| 4.5 months |
| 27 |
| Brazos Loan Servicing, Inc. (BLS) |
| Prime |
| Jun 2013 |
| Jan 2013 |
| 4 months |
| 28 |
| Academic Finance Corporation (AFC) |
| Sub |
| Jun 2013 |
| Jan 2013 |
| 4 months |
| 29 |
| Trinity Higher Education Authority, Inc. (Trinity) |
| Sub |
| Jun 2013 |
| Jan 2013 |
| 4 months |
| 30 |
| New Mexico Educational Assistance Foundation (NMEAF) |
| Prime |
| Jul 2013 |
| Jan 2013 |
| 6 months |
| 31 |
| Connecticut Student Loan Foundation (CSLF) |
| Prime |
| Sept 2013 |
| Jul 2013 |
| 3 months |
[End of List]