RFP-730-UofH-3059 Student Loan FY25

The University of Houston is seeking a student loan default management services provider through RFP-730-UofH-3059 for fiscal year 2025. The procurement aims to identify a vendor capable of working with federal student loan borrowers to maintain successful repayment rates and develop customized default management strategies specific to the university's needs. Key objectives include delivering personalized student services, providing cost-effective outsourcing support, managing cohort default rates, and maintaining Title IV eligibility. The contract will have a five-year term with potential renewal extensions. Proposals are due by August 27, 2025, with the procurement assigned to Team C and utilizing expense account code 53857 and cost center 2079-H0212-D2624-NA. The evaluation process will include vendor reference checks, and no pre-proposal meeting or site visit is required for this solicitation. The university will exclusively use local funds for this procurement, and the project falls under the Administration & Finance division.

No specific set-aside designations or restrictions on responding organizations were mentioned in the available documentation. The contract is categorized as Goods and Services Under $1M, with an estimated total contract value under $1 million across all potential extensions. No incumbent vendor was identified in the procurement documents. The project does not require Board of Regents approval and has no revenue component. The university will manage the procurement internally, with the program manager conducting vendor reference checks as part of the evaluation process. The contract will support the university's efforts in managing student loan default rates through a strategic partnership with a qualified service provider.