Posted Date : February 25,2019
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : SW-22118
Government Authority located in Arkansas; USA based organization looking for expert vendor for student loan default management system.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide student loan default management system for lowering and managing student loan cohort default rates as well as providing student’s information on financial literacy.
- Contact student loan borrowers by all necessary means (phone, email, letter) to initiate a conversation about their delinquent loans
- Counsel with the student loan borrower about options for avoiding default and getting their loans in good status
- Provide the student loan borrower with contact information for their specific loans and conference in their servicer as appropriate
- Follow up with the student loan borrower to ensure the loan is in good status
- Provide reports with regard to outcome of contacts
- Contacting borrowers who are within their student loan grace period.
- Contacting borrowers who are more than ninety (90) days delinquent.
- Discuss your various methods of contact to reach delinquent borrowers, including telephone outreach, strategic written communication, email, interactive web-based tools and research, social media, multi-tiered skip tracing, and text messaging.
o Also, include methods used but not stated.
- Monthly and quarterly performance reports.
- Use of the national student loan data system.
- Assisting the institution in reviewing its current default prevention and management plan, and providing recommendations based on best practices in loan default.
- Providing enrolled students with an electronic financial education curriculum and assisting the institution in launching the product.
- Assisting the institution to develop a plan to have borrowers pay the college their past balance dues.
(2) All questions must be submitted no later than February 28, 2019.
(3) Contract term will be one year.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: March 20,2019
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
![]()
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : SW-22118
Government Authority located in Arkansas; USA based organization looking for expert vendor for student loan default management system.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide student loan default management system for lowering and managing student loan cohort default rates as well as providing student’s information on financial literacy.
- Contact student loan borrowers by all necessary means (phone, email, letter) to initiate a conversation about their delinquent loans
- Counsel with the student loan borrower about options for avoiding default and getting their loans in good status
- Provide the student loan borrower with contact information for their specific loans and conference in their servicer as appropriate
- Follow up with the student loan borrower to ensure the loan is in good status
- Provide reports with regard to outcome of contacts
- Contacting borrowers who are within their student loan grace period.
- Contacting borrowers who are more than ninety (90) days delinquent.
- Discuss your various methods of contact to reach delinquent borrowers, including telephone outreach, strategic written communication, email, interactive web-based tools and research, social media, multi-tiered skip tracing, and text messaging.
o Also, include methods used but not stated.
- Monthly and quarterly performance reports.
- Use of the national student loan data system.
- Assisting the institution in reviewing its current default prevention and management plan, and providing recommendations based on best practices in loan default.
- Providing enrolled students with an electronic financial education curriculum and assisting the institution in launching the product.
- Assisting the institution to develop a plan to have borrowers pay the college their past balance dues.
(2) All questions must be submitted no later than February 28, 2019.
(3) Contract term will be one year.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: March 20,2019
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$