Trustees Of The University Of Pennsylvania

Trustees Of The University Of Pennsylvania, operating as Student Financial Services, is a non-profit educational institution that provides tuition, fees, and specialized education services to Department of Defense personnel — primarily Navy midshipmen, officers, and medical trainees — as a prime federal contractor on firm fixed-price delivery orders issued under long-standing basic ordering agreements with Naval education and training commands.

Student Financial Services is a subsidiary division of The Trustees Of The University Of Pennsylvania, a private, tax-exempt institution headquartered in Philadelphia. The entity competes exclusively in full-and-open federal procurement without set-aside designations, leveraging the university's established status as a major federal education services provider. All 276 awards in the portfolio are prime contracts; the vendor does not subcontract federal work.

The capability footprint is almost entirely tuition and fee support for naval personnel. Among recent representative awards: a $940,441 delivery order from the Department of the Navy (August 2025) for fall 2025 tuition and fees for naval personnel across University of Pennsylvania, Temple University, and Drexel University; a $1,178,452 delivery order from the Navy Bureau of Medicine and Surgery (August 2024) for tuition and fees through year-end 2024; a $1,260,374 delivery order from the Navy Bureau of Medicine and Surgery (August 2023) for tuition and fees; and a $205,243 purchase order from the Office of the Comptroller of the Currency (October 2025) for a Wharton Research Data Services subscription running through September 2029. The organization also holds a cooperative agreement from the Institute of Youth, Family, and Community (August 2021, completed June 2022) to support facilitated conversations on rural economic recovery and workforce development pilots.

Customer concentration is extreme and heavily weighted to Navy commands. The top five funding entities account for 82 percent of all awards: the Department of the Navy Bureau of Medicine and Surgery dominates with 151 awards and $34 million in combined potential value; the Naval Education and Training Command holds 42 awards worth $7.5 million; the Bureau of Naval Personnel Chief of Naval Personnel accounts for 16 awards and $4.4 million; the Department of the Navy (undifferentiated) carries 13 awards and $940 thousand; and the Bureau of Naval Personnel proper holds 4 awards worth $610 thousand. When ranked by combined potential value, the Navy's Bureau of Medicine and Surgery accounts for $34 million — 62 percent of the $54.8 million total portfolio — reflecting sustained, high-dollar tuition support. All other customers together represent less than 13 percent of potential value.

Parent contract vehicles are Navy basic ordering agreements and indefinite delivery contracts. The largest is Indefinite Delivery Contract N0014098G2513 with 161 task orders and $34 million in combined potential value, anchoring the Bureau of Medicine and Surgery relationship. Indefinite Delivery Contract N0024409G0067 carries 36 task orders worth $3.4 million. Basic Ordering Agreement N0018919GZ068 comprises 22 task orders valued at $5.9 million. A fourth contract, N0014006G0069, holds 4 task orders worth $3.2 million. These vehicles enable the Navy to issue delivery orders repeatedly for tuition assistance as midshipmen and officers progress through academic terms.

Activity has averaged roughly eight awards per year over the past five years, with no pronounced growth trajectory. The 2024 year saw ten awards; 2025 recorded six. The portfolio shows one award in 2026 to date (the February 2024 Naval Education and Training Command delivery order for two students). Combined dollars obligated ($63.9 million) exceed combined potential value ($54.8 million) by 17 percent, indicating that invoiced tuition often exceeds order ceilings as enrollment and per-student costs fluctuate across naval training cohorts. NAICS coding shows 240 of 276 awards under "Colleges, Universities, and Professional Schools" with a secondary cluster of 3 awards in Engineering Services and scattered research and technical consulting work; PSC coding is dominated by Education/Training–Tuition/Registration/Membership Fees (236 awards), with minor research and development and medical-health analysis work. The vendor serves 28 distinct customer agencies but derives roughly 87 percent of potential value from Navy Bureau of Medicine and Surgery, Naval Education and Training Command, and Bureau of Naval Personnel entities, creating high concentration risk around a single customer and narrow mission set.