EDUCATION DEPARTMENT

Maximus nabs $848.4M student aid contract

Maximus Federal Services has won a $848.4 million contract to provide operation and maintenance support for the Office of Federal Student Aid program at the U.S. Education Department.

The contract has a base value of $143.3 million.

Under the contract, Maximus will provide operation and maintenance to the department's Office of Federal Student Aid in support of its data management and collections system. 

The office provides more than $150 billion in federal grants, loans and work-study funds each year to more than 15 million students in college or career school, Maximus said in a release.

In addition to the operation and maintenance services, the company will provide an in-bound customer contact center to respond to inquires from borrowers and various third parties.

Work is expected to be completed by Dec. 31, 2015.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.