Education Department Awards Student Aid Contract

by Mike Bevel, CollectionIndustry.com

Perot Systems Corp. – as in H. Ross Perot, of the “Republican Operatives Are Trying to Sabotage My Daughter’s Wedding” 1992 presidential election drop-out/drop-in/lose – has been awarded a $17.4 million contract to develop, operate, and maintain an integrated partner management system for the Office of Federal Student Aid.

Partners include schools, banks and other lenders, collection agencies, and federal and state agencies.

The proposed system will integrate various business functions, from enrollment to eligibility to oversight processes used to manage trading partner entities as they administer Title IV financial aid. The system is part of Federal Student Aid's modernization efforts to improve program integrity and reduce costs.

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